Civic Intelligence

The Foundry

990 • Fiscal year 2017 • EIN 81-2252946

Jul 01, 2016 to Jun 30, 2017 • Filed on May 10, 2018

145 North Connor Ste 5Sheridan, WY 82801

(307) 751-5448

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)7 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

53rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)7 • <$500k nonprofits • Source year 2017

Net Margin

94th percentile

39%

Higher net margin than 94% of similar nonprofits.

2017 filings • 501(c)7 • <$500k nonprofits • Source year 2017

Top Officer Pay

96th percentile

$5,500

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2017 filings • 501(c)7 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

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

Source year 2017

Revenue Growth

Score unavailable

No value available

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

Source year 2017

Assets

$62,113

No earlier filing loaded for comparison.

Net Assets

$62,113

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$160,242

No earlier filing loaded for comparison.

Expenses

$98,129

No earlier filing loaded for comparison.

Net Income

$62,113

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.

$150K$100K$50K$0Assets 2017: $62,113Liabilities 2017: $0Net Assets 2017: $62,1132017Assets 2018: $85,400Liabilities 2018: $0Net Assets 2018: $85,4002018Assets 2019: $98,499Liabilities 2019: $0Net Assets 2019: $98,4992019Assets 2020: $104,506Liabilities 2020: $0Net Assets 2020: $104,5062020Assets 2023: $101,614Liabilities 2023: $0Net Assets 2023: $101,6142023Assets 2024: $91,846Liabilities 2024: $0Net Assets 2024: $91,8462024Assets 2025: $84,120Liabilities 2025: $0Net Assets 2025: $84,1202025

Highlighted filing

2017

Assets$62,113
Liabilities$0
Net Assets$62,113

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2017: $160,242Expenses 2017: $98,129Net Income 2017: $62,1132017Revenue 2018: $130,544Expenses 2018: $107,257Net Income 2018: $23,2872018Revenue 2019: $111,428Expenses 2019: $98,329Net Income 2019: $13,0992019Revenue 2020: $124,311Expenses 2020: $118,304Net Income 2020: $6,0072020Revenue 2023: $114,567Expenses 2023: $117,093Net Income 2023: -$2,5262023Revenue 2024: $106,965Expenses 2024: $116,732Net Income 2024: -$9,7672024Revenue 2025: $99,293Expenses 2025: $107,019Net Income 2025: -$7,7262025

Highlighted filing

2017

Revenue$160,242
Expenses$98,129
Net Income$62,113
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 10, 2018
Return Version
2016v3.1
Gross Receipts
$160,242
Mission and Program Overview

Mission

1) the organization herein referred to as the "club", will operate as a venue for like-minded business professional to gather for their mutual benefit. This will comprise 90% - 95% of the activity. The club encourages commingling and fellowship among the members and will strive to build camaraderie. The club will host various events through-out the year to bring members together. Examples of events are friday night guest bar tenders, theme party events for holidays, and sport gatherings for university of wyoming (local) football games being aired on public tv. The club will also promote and encourage the success of the members' children. This will be done in various ways, such as helping them with public charity causes or special events to involve the members families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net-$39,212-
Cash and Non-Interest-Bearing Accounts-$22,901-
Total Assets$0$62,113▲ $62,113
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets-$62,113-
Total Net Assets Fund Balance$0$62,113▲ $62,113
Total Liabilities and Net Assets / Fund Balance$0$62,113▲ $62,113

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$39,212$988$40,200
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kristi Von KrosigkDirector - MPT$5,500$5,500

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$119,537
Program Service Revenue
$40,705
Investment Income
$0
Other Revenue
$0
All Other Contributions
$4,085
Change in Net Assets
$62,113
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$98,129
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$31,036--$31,036
Fees for Services Management$2,750$2,750-$5,500
Fees for Services Other$3,332--$3,332
Other Expenses$2,129--$2,129
All Other Expenses$1,792--$1,792
Depreciation Depletion$988--$988
Advertising$925--$925
Office Expenses$44$806-$850
Information Technology$180--$180
Total Functional Expenses$94,573$3,556$0$98,129
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The members will be like-minded business professional who's social interaction will promote common business interests in the city of sheridan while building camaraderie amongst members. The board will review all member recommendations and send invitations to those who are approved. There will be one class of member with equal voting rights. It is intended that the club have at least 100 members or more, who are residents of sheridan county, wyoming.

Form 990, Page 6, Part VI, Line 7A

After the initial directors, the members shall have the right to confirm the appointment of the directors on the board of directors. Such right of approval shall be by a majority vote of the members at the members' annual meeting.

Form 990, Page 6, Part VI, Line 11B

The certified public accountant will send the 990 to the manager of the organization. She will review it with the board of directors and sign the efile authorization upon final approval. The cpa will be available for questions to help assist in the review process.

Form 990, Page 6, Part VI, Line 15A

The monthly fee of 500 paid to the "manager" is approved by the board of directors at the annual meeting.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
The Foundry
EIN
81-2252946
Phone
3077515448
Address
145 NORTH CONNOR STE 5, SHERIDAN, WY 82801

Signing Officer

Name
Kristi Von Krosigk
Title
Director - Manager
Phone
3077515448
Signed
2018-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kristi Von Krosigk
Formed
2016
Legal Domicile
Wy
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
6

Preparer

Firm
Annette Rinaldo CPA LLC
Address
PO BOX 6796, SHERIDAN, WY 82801-7106
Preparer
Annette M Rinaldo
Phone
3077516712
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

1) the organization herein referred to as the "club", will operate as a venue for like-minded business professional to gather for their mutual benefit. This will comprise 90% - 95% of the activity. The club encourages commingling and fellowship among the members and will strive to build camaraderie. The club will host various events through-out the year to bring members together. Examples of events are friday night guest bar tenders, theme party events for holidays, and sport gatherings for university of wyoming (local) football games being aired on public tv. The club will also promote and encourage the success of the members' children. This will be done in various ways, such as helping them with public charity causes or special events to involve the members families.

Form 990, Page 1, Part I, Line 6

Individual members from time to time volunteer to help put on functions at the club for the benefit of all the members.

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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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IRS990/MissionDesc01) THE ORGANIZATION HEREIN REFERRED TO AS THE "CLUB", WILL OPERATE AS A VENUE FOR LIKE-MINDED BUSINESS PROFESSIONAL TO GATHER FOR THEIR MUTUAL BENEFIT. THIS WILL COMPRISE 90% - 95% OF THE ACTIVITY. THE CLUB ENCOURAGES COMMINGLING AND FELLOWSHIP AMONG THE MEMBERS AND WILL STRIVE TO BUILD CAMARADERIE. THE CLUB WILL HOST VARIOUS EVENTS THROUGH-OUT THE YEAR TO BRING MEMBERS TOGETHER. EXAMPLES OF EVENTS ARE FRIDAY NIGHT GUEST BAR TENDERS, THEME PARTY EVENTS FOR HOLIDAYS, AND SPORT GATHERINGS FOR UNIVERSITY OF WYOMING (LOCAL) FOOTBALL GAMES BEING AIRED ON PUBLIC TV. THE CLUB WILL ALSO PROMOTE AND ENCOURAGE THE SUCCESS OF THE MEMBERS' CHILDREN. THIS WILL BE DONE IN VARIOUS WAYS, SUCH AS HELPING THEM WITH PUBLIC CHARITY CAUSES OR SPECIAL EVENTS TO INVOLVE THE MEMBERS FAMILIES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt01) THE ORGANIZATION HEREIN REFERRED TO AS THE "CLUB", WILL OPERATE AS A VENUE FOR LIKE-MINDED BUSINESS PROFESSIONAL TO GATHER FOR THEIR MUTUAL BENEFIT. THIS WILL COMPRISE 90% - 95% OF THE ACTIVITY. THE CLUB ENCOURAGES COMMINGLING AND FELLOWSHIP AMONG THE MEMBERS AND WILL STRIVE TO BUILD CAMARADERIE. THE CLUB WILL HOST VARIOUS EVENTS THROUGH-OUT THE YEAR TO BRING MEMBERS TOGETHER. EXAMPLES OF EVENTS ARE FRIDAY NIGHT GUEST BAR TENDERS, THEME PARTY EVENTS FOR HOLIDAYS, AND SPORT GATHERINGS FOR UNIVERSITY OF WYOMING (LOCAL) FOOTBALL GAMES BEING AIRED ON PUBLIC TV. THE CLUB WILL ALSO PROMOTE AND ENCOURAGE THE SUCCESS OF THE MEMBERS' CHILDREN. THIS WILL BE DONE IN VARIOUS WAYS, SUCH AS HELPING THEM WITH PUBLIC CHARITY CAUSES OR SPECIAL EVENTS TO INVOLVE THE MEMBERS FAMILIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INDIVIDUAL MEMBERS FROM TIME TO TIME VOLUNTEER TO HELP PUT ON FUNCTIONS AT THE CLUB FOR THE BENEFIT OF ALL THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERS WILL BE LIKE-MINDED BUSINESS PROFESSIONAL WHO'S SOCIAL INTERACTION WILL PROMOTE COMMON BUSINESS INTERESTS IN THE CITY OF SHERIDAN WHILE BUILDING CAMARADERIE AMONGST MEMBERS. THE BOARD WILL REVIEW ALL MEMBER RECOMMENDATIONS AND SEND INVITATIONS TO THOSE WHO ARE APPROVED. THERE WILL BE ONE CLASS OF MEMBER WITH EQUAL VOTING RIGHTS. IT IS INTENDED THAT THE CLUB HAVE AT LEAST 100 MEMBERS OR MORE, WHO ARE RESIDENTS OF SHERIDAN COUNTY, WYOMING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AFTER THE INITIAL DIRECTORS, THE MEMBERS SHALL HAVE THE RIGHT TO CONFIRM THE APPOINTMENT OF THE DIRECTORS ON THE BOARD OF DIRECTORS. SUCH RIGHT OF APPROVAL SHALL BE BY A MAJORITY VOTE OF THE MEMBERS AT THE MEMBERS' ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CERTIFIED PUBLIC ACCOUNTANT WILL SEND THE 990 TO THE MANAGER OF THE ORGANIZATION. SHE WILL REVIEW IT WITH THE BOARD OF DIRECTORS AND SIGN THE EFILE AUTHORIZATION UPON FINAL APPROVAL. THE CPA WILL BE AVAILABLE FOR QUESTIONS TO HELP ASSIST IN THE REVIEW PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE MONTHLY FEE OF 500 PAID TO THE "MANAGER" IS APPROVED BY THE BOARD OF DIRECTORS AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt062113
IRS990/TotalProgramServiceRevenueAmt040705
IRS990/TotalReportableCompFromOrgAmt05500
IRS990/TotalRevenueGrp/ExclusionAmt040705
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0160242
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt062113
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/EOYAmt062113
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0145 NORTH CONNOR STE 5
IRS990/USAddress/CityNm0SHERIDAN
IRS990/USAddress/StateAbbreviationCd0WY
IRS990/USAddress/ZIPCd082801
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0NONE
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KRISTI VON KROSIGK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR - MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum03077515448
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE FOUNDRY
ReturnHeader/Filer/BusinessNameControlTxt0THEF
ReturnHeader/Filer/EIN0812252946
ReturnHeader/Filer/PhoneNum03077515448
ReturnHeader/Filer/USAddress/AddressLine1Txt0145 NORTH CONNOR STE 5
ReturnHeader/Filer/USAddress/CityNm0SHERIDAN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WY
ReturnHeader/Filer/USAddress/ZIPCd082801
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0B99F8248A9AD66BB45C7CFD62660EB4106CF663A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B99F8248A9AD66BB45C7CFD62660EB4106CF663A
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0474131083
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANNETTE RINALDO CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 6796
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SHERIDAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0828017106
ReturnHeader/PreparerPersonGrp/PhoneNum03077516712
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANNETTE M RINALDO
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-05-10T11:55:44-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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