Civic Intelligence

Chairscholars Foundation Inc

990 • Fiscal year 2012 • EIN 65-0442193

Jan 01, 2012 to Dec 31, 2012 • Filed on Oct 17, 2013

Organization Profilewww.chairscholars.org
16101 Carencia Lane33556
Siviq Scores

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

Liabilities / Assets

77th percentile

0.50x

Higher debt load relative to assets than 77% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

55th percentile

2.2%

Faster asset growth than 55% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets77th percentile

Assets

Up

$2,540,457

Up $54,148 (+2.2%) from 2011

Net Assets

Down

$1,278,007

Down $513,263 (-29%) from 2011

Liabilities

Up

$1,262,450

Up $567,411 (+82%) from 2011

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$1,075,836

Up $356,772 (+50%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,486,309Liabilities 2011: $695,039Net Assets 2011: $1,791,2702011Assets 2012: $2,540,457Liabilities 2012: $1,262,450Net Assets 2012: $1,278,0072012Assets 2013: $2,109,769Liabilities 2013: $1,315,213Net Assets 2013: $794,5562013Assets 2014: $1,623,864Liabilities 2014: $999,409Net Assets 2014: $624,4552014Assets 2015: $1,336,820Liabilities 2015: $460,570Net Assets 2015: $876,2502015Assets 2016: $1,328,312Liabilities 2016: $273,554Net Assets 2016: $1,054,7582016Assets 2017: $823,191Liabilities 2017: $92,375Net Assets 2017: $730,8162017

Highlighted filing

2012

Assets$2,540,457
Liabilities$1,262,450
Net Assets$1,278,007
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $385,950Expenses 2011: $719,064Net Income 2011: -$333,1142011Expenses 2012: $1,075,8362012Revenue 2013: $322,297Expenses 2013: $805,748Net Income 2013: -$483,4512013Revenue 2014: $268,852Expenses 2014: $734,827Net Income 2014: -$465,9752014Revenue 2015: $286,781Expenses 2015: $34,886Net Income 2015: $251,8952015Revenue 2016: $289,570Expenses 2016: $111,062Net Income 2016: $178,5082016Revenue 2017: $135,481Expenses 2017: $459,423Net Income 2017: -$323,9422017

Highlighted filing

2012

Revenue-
Expenses$1,075,836
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Oct 17, 2013
Return Version
2012v2.0
Gross Receipts
$602,874
Mission and Program Overview

Mission

The Organization's primary exempt purpose

Filing and Contact Details

Filer

EIN
65-0442193
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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation1charitable purposes.
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation2The Organization is exempt from Federal income taxes under Section 501(c)(3) of
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation3THE INTERNAL REVENUE CODE AND FROM STATE INCOME TAXES UNDER SIMILAR PROVISIONS OF THE FLORIDA INCOME TAX CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO THE ACCOUNTING STANDARDS ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT DOES NOT BELIEVE IT HAS TAKEN ANY TAX POSITIONS THAT ARE SUBJECT TO A SIGNIFICANT DEGREE
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation4OF UNCERTAINTY. THE ORGANIZATION'S INCOME TAX FILINGS FOR PERIODS AFTER FISCAL YEAR ENDED DECEMBER 31, 2009 REMAIN SUBJECT TO EXAMINATION.
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IRS990ScheduleO/GeneralExplanation/Explanation0President, Vice President and Treasurer are related.
IRS990ScheduleO/GeneralExplanation/Explanation1One trustee is the daughter of the President.
IRS990ScheduleO/GeneralExplanation/Explanation2The 990 is presented to the Board of Trustees for
IRS990ScheduleO/GeneralExplanation/Explanation3review prior to filing.
IRS990ScheduleO/GeneralExplanation/Explanation4Purchasing policy enforces compliance with conflict of
IRS990ScheduleO/GeneralExplanation/Explanation5interest. The Organization also monitors Board activities.
IRS990ScheduleO/GeneralExplanation/Explanation6The President of the Organization is not compensated.
IRS990ScheduleO/GeneralExplanation/Explanation7Salary comparisons are gathered and the board approves
IRS990ScheduleO/GeneralExplanation/Explanation8the initial salary. Subsequent raises are approved by the board.
IRS990ScheduleO/GeneralExplanation/Explanation9Financial statements are on the website.
IRS990ScheduleO/GeneralExplanation/Explanation10All documents are available on request.
IRS990ScheduleO/GeneralExplanation/Explanation11The Organization's Board of Directors voted to discontinue
IRS990ScheduleO/GeneralExplanation/Explanation12operations of the organization by significantly increasing
IRS990ScheduleO/GeneralExplanation/Explanation13four year tuition committments during 2013 to spend the majority, if
IRS990ScheduleO/GeneralExplanation/Explanation14not all, cash & investments in the next four to five years.
IRS990ScheduleO/GeneralExplanation/Explanation15DUES & SUBSCRIPTIONS 1713. 0. 1713. 0. MISCELLANEOUS 4522. 0. 3790. 732. INVESTMENT EXPENSE PRINTING 825. 0. 825. 0. FESTIVAL EXPENSE 26894. 26894. 0. 0.
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IRS990/TheBooksAreInCareOf/AddressUS/AddressLine1016101 CARENCIA LANE
IRS990/TheBooksAreInCareOf/AddressUS/City0ODESSA

Document Assets

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Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$2,540,457
Liabilities
$1,262,450
Net assets
$1,278,007
Revenue
-
Expenses
$1,075,836
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.09$0.73$0.14$0.46$0.32
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$0.27$1.05$0.29$0.11$0.18
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.46$0.88$0.29$0.03$0.25
2014Detailed filing. Detailed filing data is available for this year.$1.62$1.00$0.62$0.27$0.73$0.47
2013Detailed filing. Detailed filing data is available for this year.$2.11$1.32$0.79$0.32$0.81$0.48
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.54$1.26$1.28$1.08
2011Summary only. Only limited summary data is available for this year.$2.49$0.70$1.79$0.39$0.72$0.33