Civic Intelligence

Farley L Berman Foundation Inc.

990 • Fiscal year 2020 • EIN 63-1082554

Oct 01, 2019 to Sep 30, 2020 • Filed on Aug 16, 2021

PO Box 2245Anniston, AL 36202

(256) 237-6261

Siviq Scores

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

Liabilities / Assets

7th percentile

0.00x

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

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

7th percentile

0.00x

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

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

88th percentile

42%

Higher net margin than 88% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

28th percentile

-0.2%

Faster asset growth than 28% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

1st percentile

-92%

Faster revenue growth than 1% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Down

$9,406,640

Down $19,332 (-0.2%) from 2019

Net Assets

Down

$9,406,640

Down $19,332 (-0.2%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$26,852

Down $298,045 (-92%) from 2019

Expenses

Down

$15,476

Down $10,438 (-40%) from 2019

Net Income

Down

$11,376

Down $287,607 (-96%) from 2019

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $8,775,192Liabilities 2011: $5,755Net Assets 2011: $8,769,4372011Assets 2012: $8,952,839Liabilities 2012: $11,051Net Assets 2012: $8,941,7882012Assets 2013: $8,980,880Liabilities 2013: $10,390Net Assets 2013: $8,970,4902013Assets 2014: $8,952,779Liabilities 2014: $12Net Assets 2014: $8,952,7672014Assets 2015: $8,951,392Liabilities 2015: $0Net Assets 2015: $8,951,3922015Assets 2016: $8,969,257Liabilities 2016: $0Net Assets 2016: $8,969,2572016Assets 2017: $9,099,499Liabilities 2017: $0Net Assets 2017: $9,099,4992017Assets 2018: $9,140,907Liabilities 2018: $0Net Assets 2018: $9,140,9072018Assets 2019: $9,425,972Liabilities 2019: $0Net Assets 2019: $9,425,9722019Assets 2020: $9,406,640Liabilities 2020: $0Net Assets 2020: $9,406,6402020Assets 2021: $9,480,963Liabilities 2021: $0Net Assets 2021: $9,480,9632021Assets 2022: $9,440,345Liabilities 2022: $0Net Assets 2022: $9,440,3452022Assets 2023: $9,875,075Liabilities 2023: $0Net Assets 2023: $9,875,0752023Assets 2024: $10,540,049Liabilities 2024: $0Net Assets 2024: $10,540,0492024

Highlighted filing

2020

Assets$9,406,640
Liabilities$0
Net Assets$9,406,640

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $178,2522011Expenses 2012: $226,3922012Revenue 2013: $234,194Expenses 2013: $205,492Net Income 2013: $28,7022013Revenue 2014: $143,128Expenses 2014: $160,851Net Income 2014: -$17,7232014Revenue 2015: $25,551Expenses 2015: $26,926Net Income 2015: -$1,3752015Revenue 2016: $39,192Expenses 2016: $28,099Net Income 2016: $11,0932016Revenue 2017: $194,675Expenses 2017: $28,684Net Income 2017: $165,9912017Revenue 2018: $68,290Expenses 2018: $21,788Net Income 2018: $46,5022018Revenue 2019: $324,897Expenses 2019: $25,914Net Income 2019: $298,9832019Revenue 2020: $26,852Expenses 2020: $15,476Net Income 2020: $11,3762020Revenue 2021: $55,314Expenses 2021: $20,705Net Income 2021: $34,6092021Revenue 2022: $35,494Expenses 2022: $15,401Net Income 2022: $20,0932022Revenue 2023: $380,641Expenses 2023: $23,526Net Income 2023: $357,1152023Revenue 2024: $509,692Expenses 2024: $23,308Net Income 2024: $486,3842024

Highlighted filing

2020

Revenue$26,852
Expenses$15,476
Net Income$11,376
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Aug 16, 2021
Return Version
2019v5.0
Gross Receipts
$265,241
Mission and Program Overview

Mission

The mission of the farley l. Berman foundation is to preserve, manage, collect and utilize for educational purposes, historically significant property pertaining to the history of the world for the benefit of the public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,062,264$9,055,391▼ $6,873
Investments in Publicly Traded Securities$283,113$286,996▲ $3,883
Savings and Temporary Cash Investments$68,129$46,471▼ $21,658
Cash and Non-Interest-Bearing Accounts$9,048$14,364▲ $5,316
Prepaid Expenses and Deferred Charges$2,888$2,888→ $0
Inventories for Sale or Use$500$500→ $0
Total Assets$9,425,972$9,406,640▼ $19,332
Other Assets Total$30$30→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$8,996,484$8,996,484→ $0
Net Assets Without Donor Restrictions$429,488$410,156▼ $19,332
Total Net Assets Fund Balance$9,425,972$9,406,640▼ $19,332
Total Liabilities and Net Assets / Fund Balance$9,425,972$9,406,640▼ $19,332

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$9,000,663$85,479$9,086,142
Leasehold Improvements$54,728$168,061$222,789
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,000
Program Service Revenue
$0
Investment Income
$25,852
Other Revenue
$0
All Other Contributions
$1,000
Change in Net Assets
$11,376
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$15,476
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$6,872--$6,872
Insurance$3,156$1,250-$4,406
Office Expenses$349--$349
Fees for Services Other$240--$240
Other Expenses$689$42-$42
Total Functional Expenses$11,306$4,170$0$15,476
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Yes
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
No
Other officer compensation reviewed
No
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

A copy of the 990 is provided to the board of directors for review prior to filing.

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

Policy is reviewed annually by board members

Form 990, Page 6, Part VI, Line 19

The foundation makes its governing documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Farley L Berman Foundation Inc
EIN
63-1082554
Phone
2562376261
Address
PO BOX 2245, ANNISTON, AL 36202

Signing Officer

Name
David Ford
Title
Member
Phone
2562376261
Signed
2021-08-16

Organization Details

Principal Officer
Dr David Cummings
Formed
1994
Legal Domicile
Al
Voting Board Members
13
Independent Board Members
13
Employees
0

Preparer

Firm
Lackey Inc
Address
309 QUINTARD AVE STE A, ANNISTON, AL 36201
Preparer
Theresa L Lackey
Phone
2562381077
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the farley l. Berman foundation is to preserve, manage, collect and utilize for educational purposes, historically significant property pertaining to the history of the world for the benefit of the public.

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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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt022000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0111831
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0436149
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt010752
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt010001
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt06145
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03805
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt030703
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt09318
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt014206
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt012418
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt017925
IRS990ScheduleA/OtherIncome170Grp/TotalAmt044549
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.85290
IRS990ScheduleA/PublicSupportPY170Pct00.83130
IRS990ScheduleA/PublicSupportTotal170Amt0436149
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0301318
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt022000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0111831
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0436149
IRS990ScheduleA/TotalSupportAmt0511401
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt08996484
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt054728
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0168061
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0222789
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt09000663
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt085479
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09086142
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09055391
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF THE FARLEY L. BERMAN FOUNDATION IS TO PRESERVE, MANAGE, COLLECT AND UTILIZE FOR EDUCATIONAL PURPOSES, HISTORICALLY SIGNIFICANT PROPERTY PERTAINING TO THE HISTORY OF THE WORLD FOR THE BENEFIT OF THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2POLICY IS REVIEWED ANNUALLY BY BOARD MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt09425972
IRS990/TotalAssetsEOYAmt09406640
IRS990/TotalAssetsGrp/BOYAmt09425972
IRS990/TotalAssetsGrp/EOYAmt09406640
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04170
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt011306
IRS990/TotalFunctionalExpensesGrp/TotalAmt015476
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt09425972
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09406640
IRS990/TotalProgramServiceExpensesAmt011306
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt025852
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt026852
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09425972
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09406640
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 2245
IRS990/USAddress/CityNm0ANNISTON
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd036202
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0WWW.BERMANMUSEUM.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID FORD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MEMBER
ReturnHeader/BusinessOfficerGrp/PhoneNum02562376261
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FARLEY L BERMAN FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0FARL
ReturnHeader/Filer/EIN0631082554
ReturnHeader/Filer/PhoneNum02562376261
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2245
ReturnHeader/Filer/USAddress/CityNm0ANNISTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd036202
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0454641529
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LACKEY INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0309 QUINTARD AVE STE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ANNISTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd036201
ReturnHeader/PreparerPersonGrp/PhoneNum02562381077
ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THERESA L LACKEY
ReturnHeader/ReturnTs02021-08-17T00:03:39-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-10-01
ReturnHeader/TaxPeriodEndDt02020-09-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.5$0.00$10.5$0.51$0.02$0.49
2023Detailed filing. Detailed filing data is available for this year.$9.88$0.00$9.88$0.38$0.02$0.36
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.44$0.00$9.44$0.04$0.02$0.02
2021Detailed filing. Detailed filing data is available for this year.$9.48$0.00$9.48$0.06$0.02$0.03
2020Detailed filing. Detailed filing data is available for this year.$9.41$0.00$9.41$0.03$0.02$0.01
2019Detailed filing. Detailed filing data is available for this year.$9.43$0.00$9.43$0.32$0.03$0.30
2018Detailed filing. Detailed filing data is available for this year.$9.14$0.00$9.14$0.07$0.02$0.05
2017Detailed filing. Detailed filing data is available for this year.$9.10$0.00$9.10$0.19$0.03$0.17
2016Detailed filing. Detailed filing data is available for this year.$8.97$0.00$8.97$0.04$0.03$0.01
2015Detailed filing. Detailed filing data is available for this year.$8.95$0.00$8.95$0.03$0.03$0.00
2014Summary only. Only limited summary data is available for this year.$8.95$0.00$8.95$0.14$0.16$0.02
2013Summary only. Only limited summary data is available for this year.$8.98$0.01$8.97$0.23$0.21$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.95$0.01$8.94$0.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.78$0.01$8.77$0.18