Civic Intelligence

National Greyhound Foundation Inc.

990 • Fiscal year 2015 • EIN 65-0491973

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 28, 2016

P O Box 638Homosassa, FL 34487

(352) 628-2281

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.92x

Higher debt load relative to assets than 93% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

91st percentile

0.39x

Higher debt load relative to revenue than 91% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

14th percentile

-23%

Higher net margin than 14% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

81st percentile

$16,610

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 13.5% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

24th percentile

-15%

Faster asset growth than 24% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

56th percentile

5.1%

Faster revenue growth than 56% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$52,457

Down $9,195 (-15%) from 2014

Net Assets

Down

$4,141

Down $28,631 (-87%) from 2014

Liabilities

Up

$48,316

Up $19,436 (+67%) from 2014

Revenue

Up

$123,391

Up $6,003 (+5.1%) from 2014

Expenses

Up

$152,022

Up $11,345 (+8.1%) from 2014

Net Income

Down

-$28,631

Down $5,342 (-23%) from 2014

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $273,203Liabilities 2010: $22,125Net Assets 2010: $251,0782010Assets 2011: $169,369Liabilities 2011: $29,550Net Assets 2011: $139,8192011Assets 2012: $131,786Liabilities 2012: $34,716Net Assets 2012: $97,0702012Assets 2013: $85,261Liabilities 2013: $29,200Net Assets 2013: $56,0612013Assets 2014: $61,652Liabilities 2014: $28,880Net Assets 2014: $32,7722014Assets 2015: $52,457Liabilities 2015: $48,316Net Assets 2015: $4,1412015Assets 2016: $88,995Liabilities 2016: $36,342Net Assets 2016: $52,6532016Assets 2017: $64,373Liabilities 2017: $27,946Net Assets 2017: $36,4272017Assets 2018: $66,185Liabilities 2018: $23,153Net Assets 2018: $43,0322018Assets 2019: $50,284Liabilities 2019: $25,437Net Assets 2019: $24,8472019Assets 2020: $46,440Liabilities 2020: $34,280Net Assets 2020: $12,1602020Assets 2021: $60,586Liabilities 2021: $28,161Net Assets 2021: $32,4252021Assets 2022: $99,372Liabilities 2022: $44,979Net Assets 2022: $54,3932022Assets 2023: $92,991Liabilities 2023: $43,438Net Assets 2023: $49,5532023Assets 2024: $117,406Liabilities 2024: $24,073Net Assets 2024: $93,3332024

Highlighted filing

2015

Assets$52,457
Liabilities$48,316
Net Assets$4,141

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $258,4952010Expenses 2011: $339,7522011Revenue 2012: $181,847Expenses 2012: $224,596Net Income 2012: -$42,7492012Revenue 2013: $136,902Expenses 2013: $177,911Net Income 2013: -$41,0092013Revenue 2014: $117,388Expenses 2014: $140,677Net Income 2014: -$23,2892014Revenue 2015: $123,391Expenses 2015: $152,022Net Income 2015: -$28,6312015Revenue 2016: $133,806Expenses 2016: $85,294Net Income 2016: $48,5122016Revenue 2017: $63,100Expenses 2017: $79,326Net Income 2017: -$16,2262017Revenue 2018: $48,286Expenses 2018: $41,681Net Income 2018: $6,6052018Revenue 2019: $67,021Expenses 2019: $85,206Net Income 2019: -$18,1852019Revenue 2020: $45,772Expenses 2020: $58,459Net Income 2020: -$12,6872020Revenue 2021: $248,341Expenses 2021: $228,076Net Income 2021: $20,2652021Revenue 2022: $541,072Expenses 2022: $519,104Net Income 2022: $21,9682022Revenue 2023: $422,852Expenses 2023: $427,692Net Income 2023: -$4,8402023Revenue 2024: $511,095Expenses 2024: $467,315Net Income 2024: $43,7802024

Highlighted filing

2015

Revenue$123,391
Expenses$152,022
Net Income-$28,631
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 28, 2016
Return Version
2015v2.1
Gross Receipts
$123,391
Mission and Program Overview

Mission

The national greyhound foundation (ngf), a national 501(c)3 organization formed in 1994, rescues, adopts, and educates people and families about retired racing greyhounds and other abused animals and people.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$58,975$38,910▼ $20,065
Pledges and Grants Receivable$2,677$13,547▲ $10,870
Total Assets$61,652$52,457▼ $9,195
Liabilities
Accounts Payable and Accrued Expenses$28,880$48,316▲ $19,436
Total Liabilities$28,880$48,316▲ $19,436
Net Assets / Fund Balance
Unrestricted Net Assets$32,772$4,141▼ $28,631
Total Net Assets Fund Balance$32,772$4,141▼ $28,631
Total Liabilities and Net Assets / Fund Balance$61,652$52,457▼ $9,195

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$19,808$19,808
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Leslie HarperVice-presideFT$16,610$16,610

Board Members and Trustees

NameTitle
Ferd SebastianDirector
Helen SpiveyDirector
Sandy WattersonCEO
-Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$61,338
Program Service Revenue
$62,053
Investment Income
$0
Other Revenue
$0
All Other Contributions
$61,338
Change in Net Assets
$-28,631
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$152,022
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
Occupancy$45,356--$45,356
Fees for Services Management$36,342--$36,342
Office Expenses$31,881$726-$32,607
Advertising$16,618--$16,618
Fees for Services Accounting$6,743$1,206-$7,949
Travel$7,145--$7,145
Information Technology$3,517--$3,517
Insurance$1,740--$1,740
Conferences and Meetings$748--$748
Total Functional Expenses$150,090$1,932$0$152,022
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Tracy SebastianOfficer/familyVideo and Audio ProdNo$16,610
-FamilyDriverNo$12,311
-FamilyMarketing & WebsiteNo$10,774
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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 2

Digital graphics imaging vice pres husband best media marketing inc son tracy sebastian son

Form 990, Page 6, Part VI, Line 11B

Once reviewed by management, a copy of form 990 is provided to the board of directors at a board meeting. After approval by the board, it is sent to the ceo to be signed. This process has not changed from prior years.

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

A conflict of interest document was created at the formation of the corporation in 1994 regarding the sebastian family.

Form 990, Page 6, Part VI, Line 15A

The president's compensation is determined by the board of directors. At the current time, the president's compensation has been waived.

Form 990, Page 6, Part VI, Line 15B

All jobs at the organization are based on a sub-contractor basis or volunteer basis. Contractors are selected based on prior experience and anticipated workload. Jobs at ngf require diversified and select talents. Video production is on a competitive bid or pricing basis. Volunteer staff that are in charge of dogs are provided with the necessary items to service the dogs and to handle these requirements.

Form 990, Page 6, Part VI, Line 19

Upon request, governing documents, conflicts of interest documents and financial documents are made available to the public at the offices of j e owens & company, pa cpa's located at 2731 silver star road, orlando, fl 32808.

Filing and Contact Details

Filer

Filer Name
National Greyhound Foundation Inc
EIN
65-0491973
Phone
3526282281
Address
P O BOX 638, HOMOSASSA, FL 34487

Signing Officer

Name
Beverly Sebastian
Title
CEO
Phone
3522125878
Signed
2016-10-28
Discuss with paid preparer
Yes

Organization Details

Formed
1994
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
125

Preparer

Firm
Je Owens and Company Pa
Address
2731 SILVER STAR ROAD, ORLANDO, FL 32808
Preparer
Jack E Owens
Phone
4072932654
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Dogs and ptsd dogs. This year marked the 23rd year of the 2nd chance at life prison partnership program and the program was expanded with a third phase that included a re-entry of the prisoners back into society. Work was begun on the first re-entry shelter in florida. When completed the facility will create jobs, provide a transition home and support the general needs of out going inmates. The release of the 2015, six year ngf recidivism report shows measurable results on this sucessful program with a zero recidivism rate. In one prison this program has saved the state over 3,000,000 by keeping prisoners from returning to the prison system. Our future goal is to expand the program into as many prisons as possible.

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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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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2FAMILY
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt110774
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt212311
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0VIDEO AND AUDIO PROD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1MARKETING & WEBSITE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2DRIVER
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DOGS AND PTSD DOGS. THIS YEAR MARKED THE 23RD YEAR OF THE 2ND CHANCE AT LIFE PRISON PARTNERSHIP PROGRAM AND THE PROGRAM WAS EXPANDED WITH A THIRD PHASE THAT INCLUDED A RE-ENTRY OF THE PRISONERS BACK INTO SOCIETY. WORK WAS BEGUN ON THE FIRST RE-ENTRY SHELTER IN FLORIDA. WHEN COMPLETED THE FACILITY WILL CREATE JOBS, PROVIDE A TRANSITION HOME AND SUPPORT THE GENERAL NEEDS OF OUT GOING INMATES. THE RELEASE OF THE 2015, SIX YEAR NGF RECIDIVISM REPORT SHOWS MEASURABLE RESULTS ON THIS SUCESSFUL PROGRAM WITH A ZERO RECIDIVISM RATE. IN ONE PRISON THIS PROGRAM HAS SAVED THE STATE OVER 3,000,000 BY KEEPING PRISONERS FROM RETURNING TO THE PRISON SYSTEM. OUR FUTURE GOAL IS TO EXPAND THE PROGRAM INTO AS MANY PRISONS AS POSSIBLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DIGITAL GRAPHICS IMAGING VICE PRES HUSBAND BEST MEDIA MARKETING INC SON TRACY SEBASTIAN SON
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ONCE REVIEWED BY MANAGEMENT, A COPY OF FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS AT A BOARD MEETING. AFTER APPROVAL BY THE BOARD, IT IS SENT TO THE CEO TO BE SIGNED. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A CONFLICT OF INTEREST DOCUMENT WAS CREATED AT THE FORMATION OF THE CORPORATION IN 1994 REGARDING THE SEBASTIAN FAMILY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS. AT THE CURRENT TIME, THE PRESIDENT'S COMPENSATION HAS BEEN WAIVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL JOBS AT THE ORGANIZATION ARE BASED ON A SUB-CONTRACTOR BASIS OR VOLUNTEER BASIS. CONTRACTORS ARE SELECTED BASED ON PRIOR EXPERIENCE AND ANTICIPATED WORKLOAD. JOBS AT NGF REQUIRE DIVERSIFIED AND SELECT TALENTS. VIDEO PRODUCTION IS ON A COMPETITIVE BID OR PRICING BASIS. VOLUNTEER STAFF THAT ARE IN CHARGE OF DOGS ARE PROVIDED WITH THE NECESSARY ITEMS TO SERVICE THE DOGS AND TO HANDLE THESE REQUIREMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UPON REQUEST, GOVERNING DOCUMENTS, CONFLICTS OF INTEREST DOCUMENTS AND FINANCIAL DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC AT THE OFFICES OF J E OWENS & COMPANY, PA CPA'S LOCATED AT 2731 SILVER STAR ROAD, ORLANDO, FL 32808.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0152022
IRS990/TotalGrossUBIAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04141
IRS990/TotalProgramServiceExpensesAmt0150090
IRS990/TotalProgramServiceRevenueAmt062053
IRS990/TotalReportableCompFromOrgAmt016610
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt062053
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0123391
IRS990/TotalVolunteersCnt0125
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt052457
IRS990/TravelGrp/ProgramServicesAmt07145
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IRS990/USAddress/AddressLine1Txt0P O BOX 638
IRS990/USAddress/CityNm0HOMOSASSA
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd034487
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.4GREYHOUNDS.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BEVERLY SEBASTIAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum03522125878
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-10-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NATIONAL GREYHOUND FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0NATI
ReturnHeader/Filer/EIN0650491973
ReturnHeader/Filer/PhoneNum03526282281
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 638
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0593150360
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JE OWENS AND COMPANY PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02731 SILVER STAR ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ORLANDO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032808
ReturnHeader/PreparerPersonGrp/PhoneNum04072932654
ReturnHeader/PreparerPersonGrp/PreparationDt02016-10-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JACK E OWENS
ReturnHeader/ReturnTs02016-10-26T21:46:44-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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.$1.17$0.24$0.93$5.11$4.67$0.44
2023Detailed filing. Detailed filing data is available for this year.$0.93$0.43$0.50$4.23$4.28$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.99$0.45$0.54$5.41$5.19$0.22
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.28$0.32$2.48$2.28$0.20
2020Detailed filing. Detailed filing data is available for this year.$0.46$0.34$0.12$0.46$0.58$0.13
2019Detailed filing. Detailed filing data is available for this year.$0.50$0.25$0.25$0.67$0.85$0.18
2018Detailed filing. Detailed filing data is available for this year.$0.66$0.23$0.43$0.48$0.42$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.64$0.28$0.36$0.63$0.79$0.16
2016Detailed filing. Detailed filing data is available for this year.$0.89$0.36$0.53$1.34$0.85$0.49
2015Detailed filing. Detailed filing data is available for this year.$0.52$0.48$0.04$1.23$1.52$0.29
2014Detailed filing. Detailed filing data is available for this year.$0.62$0.29$0.33$1.17$1.41$0.23
2013Detailed filing. Detailed filing data is available for this year.$0.85$0.29$0.56$1.37$1.78$0.41
2012Summary only. Only limited summary data is available for this year.$1.32$0.35$0.97$1.82$2.25$0.43
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$0.30$1.40$3.40
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.73$0.22$2.51$2.58