Civic Intelligence

Office Depot Foundation Inc Fka Office Depot Disaster Relief Fd

990 • Fiscal year 2013 • EIN 65-0596803

Jul 01, 2012 to Jun 30, 2013 • Filed on Jul 28, 2014

6600 North Military Trail No C19333496
Siviq Scores

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

Liabilities / Assets

38th percentile

0.10x

Higher debt load relative to assets than 38% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

74th percentile

12%

Faster asset growth than 74% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$4,180,954

Up $438,433 (+12%) from 2012

Net Assets

Up

$3,754,374

Up $22,106 (+0.6%) from 2012

Liabilities

Up

$426,580

Up $416,327 (+4061%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$3,541,388

Up $2,220,852 (+168%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $4,363,294Liabilities 2011: $456,057Net Assets 2011: $3,907,2372011Assets 2012: $3,742,521Liabilities 2012: $10,253Net Assets 2012: $3,732,2682012Assets 2013: $4,180,954Liabilities 2013: $426,580Net Assets 2013: $3,754,3742013Assets 2014: $4,940,932Liabilities 2014: $332,164Net Assets 2014: $4,608,7682014Assets 2015: $7,644,307Liabilities 2015: $1,345,104Net Assets 2015: $6,299,2032015Assets 2016: $6,664,723Liabilities 2016: $1,783,012Net Assets 2016: $4,881,7112016Assets 2017: $4,974,865Liabilities 2017: $707,952Net Assets 2017: $4,266,9132017Assets 2018: $3,496,376Liabilities 2018: $741,401Net Assets 2018: $2,754,9752018Assets 2019: $1,948,050Liabilities 2019: $577,263Net Assets 2019: $1,370,7872019Assets 2020: $1,373,647Liabilities 2020: $59,686Net Assets 2020: $1,313,9612020Assets 2021: $1,523,485Liabilities 2021: $45,337Net Assets 2021: $1,478,1482021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2013

Assets$4,180,954
Liabilities$426,580
Net Assets$3,754,374

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $4,660,0692011Revenue 2012: $1,145,567Expenses 2012: $1,320,536Net Income 2012: -$174,9692012Expenses 2013: $3,541,3882013Revenue 2014: $4,148,662Expenses 2014: $3,324,835Net Income 2014: $823,8272014Revenue 2015: $5,526,395Expenses 2015: $3,773,280Net Income 2015: $1,753,1152015Revenue 2016: $2,968,555Expenses 2016: $4,426,933Net Income 2016: -$1,458,3782016Revenue 2017: $4,096,950Expenses 2017: $4,763,616Net Income 2017: -$666,6662017Revenue 2018: $451,821Expenses 2018: $1,885,725Net Income 2018: -$1,433,9042018Revenue 2019: $58,231Expenses 2019: $1,468,966Net Income 2019: -$1,410,7352019Revenue 2020: $92,851Expenses 2020: $132,385Net Income 2020: -$39,5342020Revenue 2021: $112,724Expenses 2021: $97,479Net Income 2021: $15,2452021Revenue 2022: $184,517Expenses 2022: $1,461,115Net Income 2022: -$1,276,5982022

Highlighted filing

2013

Revenue-
Expenses$3,541,388
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Jul 28, 2014
Return Version
2012v2.1
Gross Receipts
$7,162,601
Mission and Program Overview

Mission

The mission of the foundation is listen learn care.in keeping with our mission, listen learn care, the foundation's "caring agenda" focuses on three primary strategic priorities:1. Giving children tools to succeed in school... And in life.2. Building the capacity of nonprofit organizations through collaboration and innovation.3. Helping communities prepare for disasters, as well as recovering and rebuilding afterwards.

Major Activities

Activity 2
Supporting its commitment to building the capacity of nonprofit organizations, the office depot foundation hosts its annual weekend in boca civil society leadership symposium in boca raton, florida. Participants in weekend in boca, which is presented free of charge, gain insight and knowledge from nationally prominent speakers, enjoy extensive opportunities to network with other nonprofits, and learn about best practices and how to incorporate them into the important work they do every day. In its first six years, approximately 900 individuals from nonprofit organizations, educational institutions, businesses, government agencies and other entities participated in weekend in boca. To help small businesses and nonprofit organizations prepare for natural disasters as well as recover and rebuild in the aftermath of these tragic events, the office depot foundation is the primary sponsor of the u.s. Chamber of commerce foundation corporate citizenship center's national disaster help desk for business. This 24-hour, toll-free hotline - 1-888-my-biz-help - provides essential information, expert guidance and connections to invaluable resources at times when people feel overwhelmed. Through 2012, the help desk had fielded more than 20,000 requests for assistance since its inception in 2007.office depot recognizes the importance of minimizing waste and strives to ensure that products that it can no longer sell are put to good use. Through the office depot foundation's caring is sharing product donation program, unsold items are collected from office depot retail stores and donated to feed the children, an internationally known nonprofit relief organization. Feed the children, in turn, donates the products to nonprofit organizations and schools across the united states and in other countries to help them support their missions and save budget dollars for other priorities. The program is a triple win - office depot, the recipient organizations and the environment all benefit. Between july 1, 2012, and june 30, 2013, the office depot foundation donated products valued at $9,357,015 through this program.
Activity 3
In collaboration with the usa today charitable foundation, the office depot foundation's dream up career exploration program enables middle school students to start thinking about the future, set realistic and achievable personal goals - and believe their dreams can be fulfilled. Between 2010 and 2012, approximately 67,000 students across the u.s. Researched job possibilities, wrote essays about their chosen careers and had the chance to experience "dream jobs" ranging from fighter pilot to chemist and many more. By inspiring young people to dream big dreams today, the foundation is giving them hope for the future.
Filing and Contact Details

Filer

EIN
65-0596803
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IRS990/Activity2/Description0SUPPORTING ITS COMMITMENT TO BUILDING THE CAPACITY OF NONPROFIT ORGANIZATIONS, THE OFFICE DEPOT FOUNDATION HOSTS ITS ANNUAL WEEKEND IN BOCA CIVIL SOCIETY LEADERSHIP SYMPOSIUM IN BOCA RATON, FLORIDA. PARTICIPANTS IN WEEKEND IN BOCA, WHICH IS PRESENTED FREE OF CHARGE, GAIN INSIGHT AND KNOWLEDGE FROM NATIONALLY PROMINENT SPEAKERS, ENJOY EXTENSIVE OPPORTUNITIES TO NETWORK WITH OTHER NONPROFITS, AND LEARN ABOUT BEST PRACTICES AND HOW TO INCORPORATE THEM INTO THE IMPORTANT WORK THEY DO EVERY DAY. IN ITS FIRST SIX YEARS, APPROXIMATELY 900 INDIVIDUALS FROM NONPROFIT ORGANIZATIONS, EDUCATIONAL INSTITUTIONS, BUSINESSES, GOVERNMENT AGENCIES AND OTHER ENTITIES PARTICIPATED IN WEEKEND IN BOCA. TO HELP SMALL BUSINESSES AND NONPROFIT ORGANIZATIONS PREPARE FOR NATURAL DISASTERS AS WELL AS RECOVER AND REBUILD IN THE AFTERMATH OF THESE TRAGIC EVENTS, THE OFFICE DEPOT FOUNDATION IS THE PRIMARY SPONSOR OF THE U.S. CHAMBER OF COMMERCE FOUNDATION CORPORATE CITIZENSHIP CENTER'S NATIONAL DISASTER HELP DESK FOR BUSINESS. THIS 24-HOUR, TOLL-FREE HOTLINE - 1-888-MY-BIZ-HELP - PROVIDES ESSENTIAL INFORMATION, EXPERT GUIDANCE AND CONNECTIONS TO INVALUABLE RESOURCES AT TIMES WHEN PEOPLE FEEL OVERWHELMED. THROUGH 2012, THE HELP DESK HAD FIELDED MORE THAN 20,000 REQUESTS FOR ASSISTANCE SINCE ITS INCEPTION IN 2007.OFFICE DEPOT RECOGNIZES THE IMPORTANCE OF MINIMIZING WASTE AND STRIVES TO ENSURE THAT PRODUCTS THAT IT CAN NO LONGER SELL ARE PUT TO GOOD USE. THROUGH THE OFFICE DEPOT FOUNDATION'S CARING IS SHARING PRODUCT DONATION PROGRAM, UNSOLD ITEMS ARE COLLECTED FROM OFFICE DEPOT RETAIL STORES AND DONATED TO FEED THE CHILDREN, AN INTERNATIONALLY KNOWN NONPROFIT RELIEF ORGANIZATION. FEED THE CHILDREN, IN TURN, DONATES THE PRODUCTS TO NONPROFIT ORGANIZATIONS AND SCHOOLS ACROSS THE UNITED STATES AND IN OTHER COUNTRIES TO HELP THEM SUPPORT THEIR MISSIONS AND SAVE BUDGET DOLLARS FOR OTHER PRIORITIES. THE PROGRAM IS A TRIPLE WIN - OFFICE DEPOT, THE RECIPIENT ORGANIZATIONS AND THE ENVIRONMENT ALL BENEFIT. BETWEEN JULY 1, 2012, AND JUNE 30, 2013, THE OFFICE DEPOT FOUNDATION DONATED PRODUCTS VALUED AT $9,357,015 THROUGH THIS PROGRAM.
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IRS990/Form990PartVIISectionA/Title18PRESIDENT-SEE PART VI NOTE ON SCH. O
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IRS990/MissionDescription0THE MISSION OF THE OFFICE DEPOT FOUNDATION IS LISTEN, LEARN, CARE.IN KEEPING WITH OUR MISSION, LISTEN LEARN CARE, THE FOUNDATION'S "CARING AGENDA" FOCUSES ON THREE PRIMARY STRATEGIC PRIORITIES:1. GIVING CHILDREN TOOLS TO SUCCEED IN SCHOOL AND IN LIFE.2. BUILDING THE CAPACITY OF NONPROFIT ORGANIZATIONS THROUGH COLLABORATION AND INNOVATION.3. HELPING COMMUNITIES PREPARE FOR DISASTERS, AS WELL AS RECOVERING AND REBUILDING AFTERWARD.
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IRS990ScheduleA/GeneralExplanation0SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: SCHEDULE A, PART II, SECTION C, LINE 14. THE 2012 PUBLIC SUPPORT TEST, AS REFLECTED ON THIS AMENDED RETURN, HAS BEEN CORRECTLY RE-COMPUTED TO EXCLUDE FROM PUBLIC SUPPORT THAT PORTION OF TOTAL CONTRIBUTIONS BY PERSONS EXCEEDING 2% OF TOTAL SUPPORT. THE ORGANIZATION MEETS THE PUBLIC SUPPORT TEST FOR ITS YEAR ENDED JUNE 30, 2013. IN PERIODS PRIOR TO JUNE 30, 2013, THE PUBLIC SUPPORT TEST WAS IMPROPERLY COMPUTED WITHOUT EXCLUSION FROM PUBLIC SUPPORT THAT PORTION OF TOTAL CONTRIBUTIONS BY PERSONS EXCEEDING 2% OF TOTAL SUPPORT. AT PRESENT, IT IS NOT ADMINISTRATIVELY FEASIBLE FOR THE ORGANIZATION TO EXTRACT DATA FROM ITS BOOKS AND RECORDS FOR EARLIER PERIODS IN ORDER TO RE-COMPUTE THE PUBLIC SUPPORT TEST FOR THOSE PERIODS. HOWEVER, IT IS EXPECTED THAT THE ORGANIZATION WOULD HAVE MET THE 33 1/3% SUPPORT TEST OR THE 10% FACTS-AND-CIRCUMSTANCES TEST FOR ALL PREVIOUS PERIODS.
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