Civic Intelligence

Foundationone Formerly Upper Columbia Academy Foundation

990 • Fiscal year 2018 • EIN 73-1710393

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 13, 2019

20924 E Wabash AveOtis Orchards, WA 99027

(509) 994-2338

Siviq Scores

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

Liabilities / Assets

16th percentile

0.00x

Higher debt load relative to assets than 16% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

17th percentile

0.00x

Higher debt load relative to revenue than 17% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

83rd percentile

28%

Higher net margin than 83% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

46th percentile

$52,588

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 10.7% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

26th percentile

-4.4%

Faster asset growth than 26% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

17th percentile

-15%

Faster revenue growth than 17% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$3,378,034

Down $157,222 (-4.4%) from 2017

Net Assets

Down

$3,376,780

Down $157,130 (-4.4%) from 2017

Liabilities

Down

$1,254

Down $92 (-6.8%) from 2017

Revenue

Down

$491,182

Down $84,397 (-15%) from 2017

Expenses

Up

$353,533

Up $152,730 (+76%) from 2017

Net Income

Down

$137,649

Down $237,127 (-63%) from 2017

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 2010: $1,374,052Liabilities 2010: $35,000Net Assets 2010: $1,339,0522010Assets 2011: $1,412,800Liabilities 2011: $6,000Net Assets 2011: $1,406,8002011Assets 2012: $1,524,387Liabilities 2012: $0Net Assets 2012: $1,524,3872012Assets 2013: $1,609,314Liabilities 2013: $0Net Assets 2013: $1,609,3142013Assets 2014: $1,816,569Liabilities 2014: $0Net Assets 2014: $1,816,5692014Assets 2015: $1,946,696Liabilities 2015: $1,670Net Assets 2015: $1,945,0262015Assets 2016: $2,946,208Liabilities 2016: $2,135Net Assets 2016: $2,944,0732016Assets 2017: $3,535,256Liabilities 2017: $1,346Net Assets 2017: $3,533,9102017Assets 2018: $3,378,034Liabilities 2018: $1,254Net Assets 2018: $3,376,7802018Assets 2019: $3,838,144Liabilities 2019: $1,420Net Assets 2019: $3,836,7242019Assets 2020: $3,389,260Liabilities 2020: $12,061Net Assets 2020: $3,377,1992020Assets 2021: $4,135,432Liabilities 2021: $12,140Net Assets 2021: $4,123,2922021Assets 2022: $5,521,712Liabilities 2022: $0Net Assets 2022: $5,521,7122022Assets 2023: $6,061,980Liabilities 2023: $4,894Net Assets 2023: $6,057,0862023Assets 2024: $7,371,989Liabilities 2024: $622,787Net Assets 2024: $6,749,2022024

Highlighted filing

2018

Assets$3,378,034
Liabilities$1,254
Net Assets$3,376,780

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $71,8942010Expenses 2011: $92,9892011Revenue 2012: $99,104Expenses 2012: $73,308Net Income 2012: $25,7962012Revenue 2013: $208,040Expenses 2013: $171,313Net Income 2013: $36,7272013Revenue 2014: $454,839Expenses 2014: $237,599Net Income 2014: $217,2402014Revenue 2015: $512,874Expenses 2015: $270,798Net Income 2015: $242,0762015Revenue 2016: $1,185,935Expenses 2016: $240,883Net Income 2016: $945,0522016Revenue 2017: $575,579Expenses 2017: $200,803Net Income 2017: $374,7762017Revenue 2018: $491,182Expenses 2018: $353,533Net Income 2018: $137,6492018Revenue 2019: $427,526Expenses 2019: $261,869Net Income 2019: $165,6572019Revenue 2020: $148,976Expenses 2020: $337,547Net Income 2020: -$188,5712020Revenue 2021: $397,409Expenses 2021: $307,010Net Income 2021: $90,3992021Revenue 2022: $2,555,330Expenses 2022: $420,503Net Income 2022: $2,134,8272022Revenue 2023: $1,193,899Expenses 2023: $864,220Net Income 2023: $329,6792023Revenue 2024: $1,471,929Expenses 2024: $1,311,074Net Income 2024: $160,8552024

Highlighted filing

2018

Revenue$491,182
Expenses$353,533
Net Income$137,649
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 13, 2019
Return Version
2018v3.1
Gross Receipts
$502,769
Mission and Program Overview

Mission

Raise and manage funds to provide studentscholarships and tuition grants for students attending upper columbia academy

To Raise and Manage Funds to Provide Student Scholarships and Tuition Grants for Students Attending Upper Columbia Academy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,978,101$2,940,156▼ $37,945
Land, Buildings, and Equipment, Net$125,000$125,000→ $0
Savings and Temporary Cash Investments$173,235$49,910▼ $123,325
Pledges and Grants Receivable$59,650$32,000▼ $27,650
Cash and Non-Interest-Bearing Accounts$22,942$11,960▼ $10,982
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,535,256$3,378,034▼ $157,222
Other Assets Total$176,328$219,008▲ $42,680
Liabilities
Other Liabilities$1,346$1,254▼ $92
Total Liabilities$1,346$1,254▼ $92
Net Assets / Fund Balance
Permanently Rstr Net Assets$3,399,547$3,637,015▲ $237,468
Unrestricted Net Assets$-47,737$-58,672▼ $10,935
Temporarily Rstr Net Assets$182,100$-201,563▼ $383,663
Total Net Assets Fund Balance$3,533,910$3,376,780▼ $157,130
Total Liabilities and Net Assets / Fund Balance$3,535,256$3,378,034▼ $157,222

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$125,000--
Other Assets Org$12,926--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Linda KlingerExecutive DirectorPT$52,588$52,588

Board Members and Trustees

NameTitle
Mindy WeberPresident
Debbie NelsonVice President
Allan RothDirector
Brent FeatherstonDirector
Donald AmmonDirector
Doug WellsDirector
Jaclin SmithDirector
Jodi BaileyDirector
Keith WilkensDirector
Lori HermansonDirector
Dan J FrickleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$341,647
Program Service Revenue
$0
Investment Income
$120,006
Other Revenue
$29,529
All Other Contributions
$341,647
Change in Net Assets
$137,649
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$216,740
Other Expenses$79,541
Salaries, Compensation, and Employee Benefits$57,252
Total Fundraising Expense$19,082
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$216,740--$216,740
Current Officers, Directors, Trustees, and Key Employees$17,533$17,527$17,528$52,588
Fees for Service Investment Mgmnt Fees-$19,996-$19,996
All Other Expenses-$9,090-$9,090
Fees for Services Accounting-$4,967-$4,967
Payroll Taxes$1,555$1,555$1,554$4,664
Other Expenses-$4,137-$4,137
Travel-$2,345-$2,345
Fees for Services Other-$1,687-$1,687
Insurance-$1,514-$1,514
Office Expenses-$1,397-$1,397
Total Functional Expenses$235,828$98,623$19,082$353,533
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Upper Columbia AcademySpange, WA-Scholarships$216,740
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$41,116
Fundraising Direct Expenses$11,587
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$41,116$41,116$11,587$29,529
Total Events$41,116$41,116$11,587$29,529
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$1,254
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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, Part VI, Line 11B: Form 990 Review Process

The Executive Director and the Executive Committee review Form 990 prior to filing with the Internal Revenue Service

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon Request

Filing and Contact Details

Filer

Filer Name
FoundationOne Formerly Upper Columbia
EIN
73-1710393
Address
20924 E Wabash Ave, Otis Orchards, WA 99027

Signing Officer

Name
Mindy Weber
Title
President
Signed
2019-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mindy Weber
Formed
2004
Legal Domicile
Wa
Voting Board Members
12
Independent Board Members
11
Employees
2
Volunteers
15

Preparer

Firm
Panasuk CPA Services PC
Address
2048 Overland Ave Ste 102, Billings, MT 59102-7428
Preparer
Dan J Frickle CPA
Phone
4062451307
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IRS990ScheduleG/MailSolicitationsInd0X
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Scholarships
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Upper Columbia Academy
IRS990ScheduleI/RecipientTable/RecipientEIN0910651420
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03025 E Spangle Waverly Rd
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Spange
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd099031
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Grants are give only to Upper Columbia Academy are approved by Foundation One Board of Directors
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Additional Supplemental Information
IRS990ScheduleI/Total501c3OrgCnt01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.37$0.62$6.75$1.47$1.31$0.16
2023Detailed filing. Detailed filing data is available for this year.$6.06$0.00$6.06$1.19$0.86$0.33
2022Detailed filing. Detailed filing data is available for this year.$5.52$0.00$5.52$2.56$0.42$2.13
2021Detailed filing. Detailed filing data is available for this year.$4.14$0.01$4.12$0.40$0.31$0.09
2020Summary only. Only limited summary data is available for this year.$3.39$0.01$3.38$0.15$0.34$0.19
2019Detailed filing. Detailed filing data is available for this year.$3.84$0.00$3.84$0.43$0.26$0.17
2018Detailed filing. Detailed filing data is available for this year.$3.38$0.00$3.38$0.49$0.35$0.14
2017Detailed filing. Detailed filing data is available for this year.$3.54$0.00$3.53$0.58$0.20$0.37
2016Detailed filing. Detailed filing data is available for this year.$2.95$0.00$2.94$1.19$0.24$0.95
2015Detailed filing. Detailed filing data is available for this year.$1.95$0.00$1.95$0.51$0.27$0.24
2014Summary only. Only limited summary data is available for this year.$1.82$0.00$1.82$0.45$0.24$0.22
2013Detailed filing. Detailed filing data is available for this year.$1.61$0.00$1.61$0.21$0.17$0.04
2012Summary only. Only limited summary data is available for this year.$1.52$0.00$1.52$0.10$0.07$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$0.01$1.41$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.37$0.04$1.34$0.07