Civic Intelligence

Robert B and Shirley K Haspel Endowment Fund

990 • Fiscal year 2019 • EIN 72-0961469

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 22, 2020

1 Galleria Blvd No 1040Metairie, LA 70001

(504) 524-4559

Siviq Scores

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

Liabilities / Assets

47th percentile

0.02x

Higher debt load relative to assets than 47% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

84th percentile

0.39x

Higher debt load relative to revenue than 84% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

3rd percentile

-106%

Higher net margin than 3% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

57th percentile

$24,000

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 51.4% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

64th percentile

9.8%

Faster asset growth than 64% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

22nd percentile

-12%

Faster revenue growth than 22% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$863,119

Up $77,164 (+9.8%) from 2018

Net Assets

Up

$844,691

Up $74,455 (+9.7%) from 2018

Liabilities

Up

$18,428

Up $2,709 (+17%) from 2018

Revenue

Down

$46,736

Down $6,085 (-12%) from 2018

Expenses

Down

$96,460

Down $9,493 (-9.0%) from 2018

Net Income

Up

-$49,724

Up $3,408 (+6.4%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $809,635Liabilities 2010: $16,195Net Assets 2010: $793,4402010Assets 2011: $782,096Liabilities 2011: $15,644Net Assets 2011: $766,4522011Assets 2012: $826,298Liabilities 2012: $16,528Net Assets 2012: $809,7702012Assets 2013: $985,348Liabilities 2013: $19,709Net Assets 2013: $965,6392013Assets 2014: $953,897Liabilities 2014: $19,079Net Assets 2014: $934,8182014Assets 2015: $952,922Liabilities 2015: $20,354Net Assets 2015: $932,5682015Assets 2016: $907,425Liabilities 2016: $18,150Net Assets 2016: $889,2752016Assets 2017: $943,516Liabilities 2017: $18,872Net Assets 2017: $924,6442017Assets 2018: $785,955Liabilities 2018: $15,719Net Assets 2018: $770,2362018Assets 2019: $863,119Liabilities 2019: $18,428Net Assets 2019: $844,6912019Assets 2020: $619,527Liabilities 2020: $12,391Net Assets 2020: $607,1362020Assets 2021: $724,310Liabilities 2021: $15,686Net Assets 2021: $708,6242021Assets 2022: $591,044Liabilities 2022: $11,821Net Assets 2022: $579,2232022Assets 2023: $655,800Liabilities 2023: $13,116Net Assets 2023: $642,6842023Assets 2024: $747,418Liabilities 2024: $14,952Net Assets 2024: $732,4662024

Highlighted filing

2019

Assets$863,119
Liabilities$18,428
Net Assets$844,691

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $80,9652010Expenses 2011: $81,6242011Expenses 2012: $87,2162012Revenue 2013: $83,069Expenses 2013: $89,387Net Income 2013: -$6,3182013Revenue 2014: $121,021Expenses 2014: $117,448Net Income 2014: $3,5732014Revenue 2015: $56,986Expenses 2015: $56,981Net Income 2015: $52015Revenue 2016: $88,184Expenses 2016: $70,801Net Income 2016: $17,3832016Revenue 2017: $66,194Expenses 2017: $52,669Net Income 2017: $13,5252017Revenue 2018: $52,821Expenses 2018: $105,953Net Income 2018: -$53,1322018Revenue 2019: $46,736Expenses 2019: $96,460Net Income 2019: -$49,7242019Revenue 2020: $57,453Expenses 2020: $255,653Net Income 2020: -$198,2002020Revenue 2021: $69,982Expenses 2021: $44,166Net Income 2021: $25,8162021Revenue 2022: $35,656Expenses 2022: $55,409Net Income 2022: -$19,7532022Revenue 2023: $15,913Expenses 2023: $53,968Net Income 2023: -$38,0552023Revenue 2024: $56,299Expenses 2024: $59,033Net Income 2024: -$2,7342024

Highlighted filing

2019

Revenue$46,736
Expenses$96,460
Net Income-$49,724
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 22, 2020
Return Version
2019v5.1
Gross Receipts
$46,736
Mission and Program Overview

Mission

Support of various charitable organizations

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$737,624$861,750▲ $124,126
Savings and Temporary Cash Investments$46,921$0▼ $46,921
Accounts Receivable$1,410$1,369▼ $41
Total Assets$785,955$863,119▲ $77,164
Liabilities
Accounts Payable and Accrued Expenses$15,719$18,428▲ $2,709
Total Liabilities$15,719$18,428▲ $2,709
Net Assets / Fund Balance
Net Assets With Donor Restrictions$770,236$844,691▲ $74,455
Total Net Assets Fund Balance$770,236$844,691▲ $74,455
Total Liabilities and Net Assets / Fund Balance$785,955$863,119▲ $77,164
Compensation and Service Providers

Employees

NameTitleOtherTotal
Saundra K LevyDirector$24,000$24,000

Board Members and Trustees

NameTitle
Shirley K HaspelPresident
John L HaspelVice President
Max Nathan JrDirector
Sanford MaslanskyDirector
Walter H Weil IiiDirector
Patti LengsfieldTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$46,736
Other Revenue
$0
Change in Net Assets
$-49,724
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$68,975
Other Expenses$27,485
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$68,975--$68,975
Fees for Services Accounting-$18,428-$18,428
Other Expenses-$9,057-$9,057
Total Functional Expenses$68,975$27,485$0$96,460
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Kingsley HouseNew Orleans, LA501 (c)(3)General Operational Support$52,375
Jewish Family ServiceMetairie, LA501 (c)(3)General Operational Support$5,000
Temple Emanu-elDallas, TX501 (c)(3)General Operational Support$5,000
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
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the treasurer and a copy is emailed to the full board.

Form 990, Part VI, Section B, Line 12C

Any event where a conflict may be suspected, it is immediately addressed.

Form 990, Part VI, Section B, Line 15

The related organization, the jewish endowment foundation, use independent budget/finance committee and executive committee to determine the compensation for executives and other employees.

Form 990, Part VI, Section C, Line 19

The organization's governing documents and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Robert B and Shirley K Haspel
EIN
72-0961469
Phone
5045244559
Address
1 GALLERIA BLVD NO 1040, METAIRIE, LA 70001

Signing Officer

Name
Bobby Garon
Title
Executive Director
Phone
5045244559
Signed
2020-10-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bobby Garon
Formed
1982
Legal Domicile
La
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Laporte Apac
Address
111 VETERANS MEMORIAL BLVD 600, METAIRIE, LA 70005-4958
Preparer
John S Wiles CPA
Phone
5048355522
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The process has not changed from prior year.

Financial Statement Notes

PART X, LINE 2:

Accounting principles generally accepted in the united states of america provide accounting and disclosure guidance about positions taken by an entity in its tax returns that might be uncertain. The foundation believes that it has appropriate support for any tax positions taken, and management has determined that there are no uncertain tax positions that are material to the financial statements. Penalties and interest assessed by income taxing authorities, if any, would be included in income tax expense.

Raw XML Appendix399 raw XML fields

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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ENTITY IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES, IF ANY, WOULD BE INCLUDED IN INCOME TAX EXPENSE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd070002
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd170130
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd275225
IRS990ScheduleI/Total501c3OrgCnt03
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE TREASURER AND A COPY IS EMAILED TO THE FULL BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANY EVENT WHERE A CONFLICT MAY BE SUSPECTED, IT IS IMMEDIATELY ADDRESSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE RELATED ORGANIZATION, THE JEWISH ENDOWMENT FOUNDATION, USE INDEPENDENT BUDGET/FINANCE COMMITTEE AND EXECUTIVE COMMITTEE TO DETERMINE THE COMPENSATION FOR EXECUTIVES AND OTHER EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0JEWISH ENDOWNMENT FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0721221647
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO PROVIDE SUPPORT FOR THE JEWISH COMMUNITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0615 BARONNE ST SUITE 150
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NEW ORLEANS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd070113
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0785955
IRS990/TotalAssetsEOYAmt0863119
IRS990/TotalAssetsGrp/BOYAmt0785955
IRS990/TotalAssetsGrp/EOYAmt0863119
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt027485
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt068975
IRS990/TotalFunctionalExpensesGrp/TotalAmt096460
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt015719
IRS990/TotalLiabilitiesEOYAmt018428
IRS990/TotalLiabilitiesGrp/BOYAmt015719
IRS990/TotalLiabilitiesGrp/EOYAmt018428
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0770236
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0844691
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt068975
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt046736
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt046736
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0785955
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0863119
IRS990/TotReportableCompRltdOrgAmt024000
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01 GALLERIA BLVD NO 1040
IRS990/USAddress/CityNm0METAIRIE
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd070001
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0HTTP://JEFNO.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BOBBY GARON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05045244559
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ROBERT B AND SHIRLEY K HASPEL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ENDOWNMENT FUND
ReturnHeader/Filer/BusinessNameControlTxt0ROBE
ReturnHeader/Filer/EIN0720961469
ReturnHeader/Filer/PhoneNum05045244559
ReturnHeader/Filer/USAddress/AddressLine1Txt01 GALLERIA BLVD NO 1040
ReturnHeader/Filer/USAddress/CityNm0METAIRIE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070001
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0505E19BA5E89E4E9129614F332912148A1F22531
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId090CABFA8522D1B94E539E75EF248B014EEE3521B
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.88.174.3
ReturnHeader/FilingSecurityInformation/IPDt02020-10-22
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm015:03:59
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0721088864
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LAPORTE APAC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0111 VETERANS MEMORIAL BLVD 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0METAIRIE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0700054958
ReturnHeader/PreparerPersonGrp/PhoneNum05048355522
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN S WILES CPA
ReturnHeader/ReturnTs02020-11-10T13:43:03-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.47$0.15$7.32$0.56$0.59$0.03
2023Detailed filing. Detailed filing data is available for this year.$6.56$0.13$6.43$0.16$0.54$0.38
2022Detailed filing. Detailed filing data is available for this year.$5.91$0.12$5.79$0.36$0.55$0.20
2021Detailed filing. Detailed filing data is available for this year.$7.24$0.16$7.09$0.70$0.44$0.26
2020Detailed filing. Detailed filing data is available for this year.$6.20$0.12$6.07$0.57$2.56$1.98
2019Detailed filing. Detailed filing data is available for this year.$8.63$0.18$8.45$0.47$0.96$0.50
2018Detailed filing. Detailed filing data is available for this year.$7.86$0.16$7.70$0.53$1.06$0.53
2017Detailed filing. Detailed filing data is available for this year.$9.44$0.19$9.25$0.66$0.53$0.14
2016Detailed filing. Detailed filing data is available for this year.$9.07$0.18$8.89$0.88$0.71$0.17
2015Detailed filing. Detailed filing data is available for this year.$9.53$0.20$9.33$0.57$0.57$0.00
2014Detailed filing. Detailed filing data is available for this year.$9.54$0.19$9.35$1.21$1.17$0.04
2013Detailed filing. Detailed filing data is available for this year.$9.85$0.20$9.66$0.83$0.89$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.26$0.17$8.10$0.87
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.82$0.16$7.66$0.82
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.10$0.16$7.93$0.81