Civic Intelligence

Alex Rovello Memorial Foundation

990EZ • Fiscal year 2016 • EIN 81-1069257

Jan 01, 2016 to Dec 31, 2016 • Filed on May 12, 2017

4207 SE Woodstock BlvdPortland, OR 97206

(503) 515-9468

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2016

Net Margin

98th percentile

96%

Higher net margin than 98% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$113,677

No earlier filing loaded for comparison.

Net Assets

$113,677

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

$118,318

No earlier filing loaded for comparison.

Expenses

$4,641

No earlier filing loaded for comparison.

Net Income

$113,677

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.

$300K$200K$100K$0Assets 2016: $113,677Net Assets 2016: $113,6772016Assets 2017: $113,006Net Assets 2017: $113,0062017Assets 2018: $127,896Net Assets 2018: $127,8962018Assets 2019: $154,941Net Assets 2019: $154,9412019Assets 2020: $188,048Net Assets 2020: $188,0482020Assets 2021: $233,760Net Assets 2021: $233,7602021Assets 2023: $264,518Liabilities 2023: $02023

Highlighted filing

2016

Assets$113,677
Liabilities-
Net Assets$113,677

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2016: $118,318Expenses 2016: $4,641Net Income 2016: $113,6772016Revenue 2017: $29,236Expenses 2017: $29,907Net Income 2017: -$6712017Revenue 2018: $53,427Expenses 2018: $37,012Net Income 2018: $16,4152018Revenue 2019: $30,669Expenses 2019: $14,904Net Income 2019: $15,7652019Revenue 2020: $39,158Expenses 2020: $14,311Net Income 2020: $24,8472020Revenue 2021: $51,432Expenses 2021: $22,496Net Income 2021: $28,9362021Revenue 2023: $53,052Expenses 2023: $16,947Net Income 2023: $36,1052023

Highlighted filing

2016

Revenue$118,318
Expenses$4,641
Net Income$113,677
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 12, 2017
Return Version
2016v3.0
Gross Receipts
$118,318
Mission and Program Overview

Mission

This alex rovello memorial foundation is formed under chapter 65 of the oregon revised statues (hereinafter referred to as the "oregon nonprofit corporation act") subject to the limitations stated in the articles of incorporation. The purpose of this corporation will be to engage in any lawful activities, none of which are for profit, for which corporations may be organized under the oregon nonprofit corporation act (or its corresponding future provisions). This corporation's primary purpose is for the care and preservation of the alex rovello memorial courts at berkeley park and to promote, develop and enhance the lifetime sport of tennis, all within the meaning of 501 (c) 3 of the internal revenue code of 1986, as now in effect or as may thereafter be amended (the "code") and the oregon excise tax law of 1929, as set forth in oregon revised statues 317.080.

This Alex Rovello Memorial Foundation is formed under Chapter 65 of the Oregon Revised Statues (hereinafter referred to as the Oregon Nonprofit Corporation Act) subject to the limitations stated in the Articles of Incorporation. The purpose of this Corporation will be to engage in any lawful activities, none of which are for profit, for which corporations may be organized under the Oregon Nonprofit Corporation Act (or its corresponding future provisions). This Corporations primary purpose is for the care and preservation of the Alex Rovello Memorial Courts at Berkeley Park and to promote, develop and enhance the lifetime sport of tennis, all within the meaning of 501 (c) 3 of the Internal Revenue Code of 1986, as now in effect or as may thereafter be amended (the Code) and the Oregon Excise Tax Laws of 1929, as set forth in Oregon Revised Statues 317.080.

Program Services

DescriptionGrantsExpenses
In May of 2016, Jim and Geri Rovello signed a ten-year agreement with the Portland Parks & Recreation for the continued maintenance of these beloved courts. With this new mission and responsibility the Alex Rovello Memorial Foundation was formed in 2016. The mission of the foundation will be to provide support for the care and preservation of the Alex Rovello Memorial Courts at Berkeley Park and to promote, develop and enhance the lifetime sport of tennis.Projects that have been completed since the creation of the Alex Rovello Memorial Foundation in 2016 include an 80 foot memorial flower garden, planting of seven flowering crepe myrtle trees on Bybee Blvd., powerwashing of the courts, replacement of the bulbs for the on-court lights, a boy's high-school doubles jamboree, a Community Day with the University of Oregon Men's Tennis Team, and a men's invitational tournament. Unfortunately we had a senior's doubles invitational rained out in July, hoping to reschedule. These projects were completed with the partnership of the Portland Parks & Recreation. The Alex Rovello Memorial Foundation is most grateful for this partnership along with the overwhelming community generosity and support. We look forward to future project as we hold to our mission statement to provide support for the care and preservation of the Alex Rovello Memorial Courts at Berkeley Park and to promote, develop and enhance the lifetime sport of tennis.$2,528-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Geralyn RovelloPresidentPT$0--
James RovelloVice President-$0--
Elaine HarperSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Alex Rovello Memorial Foundation
EIN
81-1069257
Phone
5035159468
Address
4207 SE Woodstock Blvd, Portland, OR 97206

Signing Officer

Name
Geralyn Rovello
Title
President
Signed
2017-05-12
Discuss with paid preparer
Yes

Preparer

Firm
Bottaini Gallucci & Ohanlon Pc
Address
1500 NE IRVING ST STE 440, PORTLAND, OR 97232-4208
Preparer
EDWIN B O'HANLON
Phone
5032331133
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $113

Other Expenses.1

Maintenance and supplies $2004

Other Expenses.2

Events $889

Other Expenses.4

OCF fees $390

Other Expenses.5

Gifts $100

Other Expenses.6

Taxes and licenses $50

Other Expenses.7

Donation site fees $27

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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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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/Filer/EIN0811069257
ReturnHeader/Filer/PhoneNum05035159468
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ReturnHeader/ReturnTs02017-05-12T08:47:44-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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Filings