Civic Intelligence

The Foundry

990 • Fiscal year 2020 • EIN 81-2252946

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 06, 2020

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

52nd percentile

0.00x

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

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

52nd percentile

0.00x

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

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Net Margin

54th percentile

4.8%

Higher net margin than 54% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Top Officer Pay

96th percentile

$6,000

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 4.8% of source-year revenue.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Asset Growth

61st percentile

6.1%

Faster asset growth than 61% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

84th percentile

12%

Faster revenue growth than 84% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$104,506

Up $6,007 (+6.1%) from 2019

Net Assets

Up

$104,506

Up $6,007 (+6.1%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$124,311

Up $12,883 (+12%) from 2019

Expenses

Up

$118,304

Up $19,975 (+20%) from 2019

Net Income

Down

$6,007

Down $7,092 (-54%) from 2019

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

2020

Assets$104,506
Liabilities$0
Net Assets$104,506

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

2020

Revenue$124,311
Expenses$118,304
Net Income$6,007
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 6, 2020
Return Version
2019v5.0
Gross Receipts
$124,311
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
Cash and Non-Interest-Bearing Accounts$56,931$64,335▲ $7,404
Land, Buildings, and Equipment, Net$37,151$36,119▼ $1,032
Savings and Temporary Cash Investments$4,417$4,052▼ $365
Total Assets$98,499$104,506▲ $6,007
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$98,499$104,506▲ $6,007
Total Net Assets Fund Balance$98,499$104,506▲ $6,007
Total Liabilities and Net Assets / Fund Balance$98,499$104,506▲ $6,007

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$40,200-$40,200
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kristi Von KrosigkDirector - MPT$6,000$6,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$64,400
Program Service Revenue
$59,911
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$6,007
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$111,804
Salaries, Compensation, and Employee Benefits$6,000
Grants and Similar Amounts Paid$500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$38,870
Fees for Services Other---$7,306
Current Officers, Directors, Trustees, and Key Employees---$6,000
Fees for Services Accounting---$1,576
Insurance---$1,049
Depreciation Depletion---$1,031
Other Expenses---$590
Grants to Domestic Orgs---$500
All Other Expenses---$72
Total Functional Expenses$0$0$0$118,304
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 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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
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 7B

After the initial directors, the members shall have the right to confirm the appointment of the directors on the board of directors and the right to approve the budget and dues set by 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 members at the annual meeting.

Form 990, Page 6, Part VI, Line 19

Upon request the documents are available for public inspection at 145 north connor, ste 3, sheridan, wy 82801.

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
3077516712
Signed
2020-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kristi Von Krosigk
Formed
2016
Legal Domicile
Wy
Voting Board Members
6
Independent Board Members
5
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. Additionally, from time to time individual members will help keep the club house clean and orderly. Number of volunteer hours are not tracked by the club.

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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. ADDITIONALLY, FROM TIME TO TIME INDIVIDUAL MEMBERS WILL HELP KEEP THE CLUB HOUSE CLEAN AND ORDERLY. NUMBER OF VOLUNTEER HOURS ARE NOT TRACKED BY THE CLUB.
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/ExplanationTxt4AFTER THE INITIAL DIRECTORS, THE MEMBERS SHALL HAVE THE RIGHT TO CONFIRM THE APPOINTMENT OF THE DIRECTORS ON THE BOARD OF DIRECTORS AND THE RIGHT TO APPROVE THE BUDGET AND DUES SET BY THE BOARD OF DIRECTORS. SUCH RIGHT OF APPROVAL SHALL BE BY A MAJORITY VOTE OF THE MEMBERS AT THE MEMBERS' ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE 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/ExplanationTxt6THE MONTHLY FEE OF 500 PAID TO THE "MANAGER" IS APPROVED BY THE MEMBERS AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7UPON REQUEST THE DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT 145 NORTH CONNOR, STE 3, SHERIDAN, WY 82801.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt098499
IRS990/TotalAssetsEOYAmt0104506
IRS990/TotalAssetsGrp/BOYAmt098499
IRS990/TotalAssetsGrp/EOYAmt0104506
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt064400
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0118304
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt098499
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0104506
IRS990/TotalProgramServiceExpensesAmt0116656
IRS990/TotalProgramServiceRevenueAmt059911
IRS990/TotalReportableCompFromOrgAmt06000
IRS990/TotalRevenueGrp/ExclusionAmt059911
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0124311
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt098499
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0104506
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0145 NORTH CONNOR STE 5
IRS990/USAddress/CityNm0SHERIDAN
IRS990/USAddress/StateAbbreviationCd0WY
IRS990/USAddress/ZIPCd082801
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0NONE
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KRISTI VON KROSIGK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR - MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum03077516712
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-06
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/AtSubmissionFilingDeviceId08BAA8E8EF664E27D8DEE0E299A5236B7BA62D7DD
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt072.36.1.104
ReturnHeader/FilingSecurityInformation/IPDt02020-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm012:15:22
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/PreparationDt02020-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANNETTE M RINALDO
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-11-15T12:15:22-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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