Civic Intelligence

Westerman Foundation

990PF • Fiscal year 2020 • EIN 75-2897679

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

3225 S Macdill Ave No 129Tampa, FL 33629

(813) 257-9477

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Higher debt load relative to assets than 15% of similar nonprofits.

2020 filings • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

Higher debt load relative to revenue than 15% of similar nonprofits.

2020 filings • $25M-$50M nonprofits • Source year 2020

Net Margin

84th percentile

37%

Higher net margin than 84% of similar nonprofits.

2020 filings • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

24th percentile

$75,417

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2020 filings • $25M-$50M nonprofits • Source year 2020

Asset Growth

72nd percentile

15%

Faster asset growth than 72% of similar nonprofits.

2020 filings • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

94th percentile

146%

Faster revenue growth than 94% of similar nonprofits.

2020 filings • $25M-$50M nonprofits • Annualized from 2019 to 2020

Assets

Up

$30,642,068

Up $3,972,349 (+15%) from 2019

Net Assets

Up

$30,641,998

Up $3,972,279 (+15%) from 2019

Liabilities

Up

$70

Up $70 from 2019

Revenue

Up

$2,916,153

Up $1,730,267 (+146%) from 2019

Expenses

Down

$1,825,137

Down $313,113 (-15%) from 2019

Net Income

Up

$1,091,016

Up $2,043,380 (+215%) from 2019

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2011: $11,338,117Liabilities 2011: $02011Assets 2012: $11,437,382Liabilities 2012: $02012Assets 2013: $21,635,138Liabilities 2013: $02013Assets 2014: $33,025,301Liabilities 2014: $02014Assets 2015: $32,303,286Liabilities 2015: $02015Assets 2019: $26,669,719Liabilities 2019: $0Net Assets 2019: $26,669,7192019Assets 2020: $30,642,068Liabilities 2020: $70Net Assets 2020: $30,641,9982020Assets 2021: $32,328,144Liabilities 2021: $0Net Assets 2021: $32,328,1442021Assets 2022: $32,208,228Liabilities 2022: $0Net Assets 2022: $32,208,2282022Assets 2023: $34,116,770Liabilities 2023: $0Net Assets 2023: $34,116,7702023Assets 2024: $35,701,629Liabilities 2024: $0Net Assets 2024: $35,701,6292024

Highlighted filing

2020

Assets$30,642,068
Liabilities$70
Net Assets$30,641,998

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $776,198Expenses 2011: $668,162Net Income 2011: $108,0362011Revenue 2012: $927,087Expenses 2012: $769,223Net Income 2012: $157,8642012Revenue 2013: $11,510,352Expenses 2013: $836,232Net Income 2013: $10,674,1202013Revenue 2014: $14,629,457Expenses 2014: $1,428,356Net Income 2014: $13,201,1012014Revenue 2015: $979,305Expenses 2015: $1,714,303Net Income 2015: -$734,9982015Revenue 2019: $1,185,886Expenses 2019: $2,138,250Net Income 2019: -$952,3642019Revenue 2020: $2,916,153Expenses 2020: $1,825,137Net Income 2020: $1,091,0162020Revenue 2021: $4,955,064Expenses 2021: $2,022,685Net Income 2021: $2,932,3792021Revenue 2022: -$247,175Expenses 2022: $1,632,629Net Income 2022: -$1,879,8042022Revenue 2023: $561,991Expenses 2023: $1,952,769Net Income 2023: -$1,390,7782023Revenue 2024: $2,348,199Expenses 2024: $2,143,548Net Income 2024: $204,6512024

Highlighted filing

2020

Revenue$2,916,153
Expenses$1,825,137
Net Income$1,091,016
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
VALERIE H GODDARDExecutive DirectorPT$75,417-$75,417
LINDSEY THOMPSONPresidentPT$8,000-$8,000
JOHN SETTICHVice President-$3,000-$3,000
DAN CAREYTreasurer-$3,000-$3,000
SANDRA ZITA PRATTSecretary-$3,000-$3,000
JULIE WESTERMANDirector-$3,000-$3,000
JAMES LEWIS IIIDirector-$0--
Filing and Contact Details

Filer

Filer Name
Westerman Foundation
EIN
75-2897679
Phone
8132579477
Address
3225 S MACDILL AVE NO 129, TAMPA, FL 33629

Signing Officer

Name
Lindsey Thompson
Title
President
Phone
8132579477
Signed
2021-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Cliftonlarsonallen Llp
Address
420 SOUTH ORANGE AVENUE SUITE 500, ORLANDO, FL 32801
Preparer
Amy Chapman
Phone
4078021200
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InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt22125178
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt22222829
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt2234086
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt2241512658
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt2254409538
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt22619040
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt227255000
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt2281422
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt22927896
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt2309877
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt2317898
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt23217580
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt23323549
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt2348253
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt2358880
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt23699165
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt0ABERDEEN EMERGING MARKETS
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt1ADIDAS-AG
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt2AIA GROUP LTD-SP
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt3ALCON, INC
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt4ALIBABA GROUP HOLDING LTD.
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt5APOLLO NATURAL RES II ASP FUND CL AE U
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt6ARES ENERGY INFRASTRUCTURE V ASP CLASS AE-U
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt7BOK FINANCIAL CORPORATION
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt8CIMAREX ENERGY CO
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt9DIAGEO PLC - ADR
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt10FANUC CORPORATION
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt11FED AGRIC MTG CORP
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt12FNF GROUP
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt13GWL US PROPERTY ASP FUND CL A SER U
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt14HDFC BANK LTD. - ADR
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt15ICICI BANK LTD. - ADR
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt16INGREDION INC
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt17ISHARES CORE MSCI EMERGING MARKETS
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt18JAMES RIVER GROUP HOLDINGS LTD.
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt19KOMATSU LIMITED - ADR
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt20LONZA GROUP AG
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt21OCCIDENTAL PETE CORP
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt22ONE GAS INC
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt23PORTLAND GEN ELEC CO
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt24RIVERSIDE CAPITAL APPRECIATION VII ASP FD CLASS A INITIAL
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt25ROCHE HOLDINGS LTD - ADR
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt26ROYAL DUTCH SHELL PLC
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt27SAP SE
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt28SEER CAPITAL PARTNERS ASP FUND CLASS AE-U
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt29SNAP ON INC
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt30SONOVA HOLDING AG
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt31TAIWAN SEMICONDUCTOR MANUFACTU - ADR
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt32UNI CHARM CORPORATION
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt33UNILEVER PLC - ADR
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt34WELLINGTON HAWKES BAY ASP FUND CLASS AE-U
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt35ACL ALTERNATIVE FUND-USD SHARE CLASS A
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt36ADTALEM GLOBAL EDUCATION
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt37ADYEN N.V.
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt38AIR LIQUIDE-ADR
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt39ALFA LAVAL AB
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt40ALLIANZ SE
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt41ALLISON TRANSMISSION HOLDINGS
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt42AMBEV SA
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt43AMEDISYS INC.
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt44AMERCO
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt45AMERICAN CAMPUS CMNTYS INC.
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt46AMERICAN FINL GROUP INC. OHIO.COM
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt47AMKOR TECHNOLOGIES INC. COM
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt48AMPHASTAR PARMACEUTICALS INC.
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt49APPLE HOSPITALITY REIT INC.
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt50APPLIED INDL TECHNOLOGIES INC. COM
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt51ARAMARK
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt52ARROWMARK GLOBAL OPPORTUNITY FUND
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt53ATLAS COPCO AB
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt54AVIENT CORP
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt55AVISTA CORP COM
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt56AVNET INC.
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt57BAKER HUGHES COMPANY
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt58BANCO BILBAO VIZCAYA ARGENT - ADR
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt59BANCORPSOUTH BANK
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt60BANK HAWAII
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt61BLACKROCK DEVELOPED REAL ESTATE
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt62BLUCORA INC.
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt63BMC STOCK HOLDINGS INC.
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt64BROWN CAPITAL MANAGEMENT
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt65BRUKER CORPORATION
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt66CAMDEN PPTY TR SH BEN INT
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt67CANADIAN NATL RR CO COM
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt68CAPE ANN GLOBAL DEV MARKETS FUND
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt69CARLISLE COS INC.
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt70CARLYLE REALTY PARTNERS VII ASP
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt71CERNER CORP COM
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt72CHECK POINT SOFTWARE TECH COM
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt73CHEMED CORP NEW
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt74CHUGAI PHARMACEUTICAL CO LTD
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt75CITIZENS FINANCIAL GROUP INC.
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt76CITRIX SYS INC COM
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt77CITY OFFICE REIT, INC.
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt78CLEAN HARBORS INC.
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt79COGNIZANT TECH SOLUTIONS CRP COM
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt80COLUMBIA PROPERTY TRUST INC.
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt81COMFORT SYS USA INC. COM
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt82COMMERCIAL METALS CO
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt83CONCENTRIX CORP
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt84CORE-MARK HOLDING CO INC.
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt85COSTAMRE INC.
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt86CRA INTL INC.
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt87CSG SYS INTL INC. COM
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt88DASSAULT SYSTEMS SA-ADR
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt89DBL PARTNERS IV LP
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt90DBS GROUP HOLDINGS LIMITED-ADR
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt91DECKERS OUTDOOR CORP
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt92DELUXE CORP
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt93DENTSPLY SIRONIA INC.
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt94DISCOVERY COMMUNICATIONS INC.

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