Civic Intelligence

Galena Fund

990EZ • Fiscal year 2020 • EIN 81-2479801

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 20, 2021

Organization Profile
175 W 200 S Ste 100Salt Lake City, UT 84101

(801) 575-7003

Siviq Scores

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

Liabilities / Assets

94th percentile

1.01x

Higher debt load relative to assets than 94% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

82nd percentile

0.17x

Higher debt load relative to revenue than 82% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

94th percentile

68%

Higher net margin than 94% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Revenue Growth

23rd percentile

-49%

Faster revenue growth than 23% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2020

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$6,738

Up $6,738 from 2019

Net Assets

Up

-$79

Up $32,133 (+100%) from 2019

Liabilities

Down

$6,817

Down $25,395 (-79%) from 2019

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin94th percentile

Revenue

$39,710

No earlier filing loaded for comparison.

Expenses

$12,776

No earlier filing loaded for comparison.

Net Income

$26,934

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$100K$50K$0-$50K-$100KAssets 2016: $2,972Liabilities 2016: $0Net Assets 2016: $2,9722016Assets 2017: $0Liabilities 2017: $32,212Net Assets 2017: -$32,2122017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018Assets 2019: $0Liabilities 2019: $32,212Net Assets 2019: -$32,2122019Assets 2020: $6,738Liabilities 2020: $6,817Net Assets 2020: -$792020Assets 2021: $1,306Liabilities 2021: $0Net Assets 2021: $1,3062021Assets 2022: $3,922Liabilities 2022: $0Net Assets 2022: $3,9222022Assets 2023: $1,961Liabilities 2023: $59,699Net Assets 2023: -$57,7382023Assets 2024: $500Liabilities 2024: $59,699Net Assets 2024: -$59,1992024

Highlighted filing

2020

Assets$6,738
Liabilities$6,817
Net Assets-$79
Open 2020 Filing

Operations Trend

Revenue Growth23rd percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2016: $233,356Expenses 2016: $230,384Net Income 2016: $2,9722016Revenue 2017: $296,506Expenses 2017: $331,690Net Income 2017: -$35,1842017Revenue 2020: $39,710Expenses 2020: $12,776Net Income 2020: $26,9342020Revenue 2021: $5,012Expenses 2021: $443Net Income 2021: $4,5692021Revenue 2022: $4,618Expenses 2022: $2,002Net Income 2022: $2,6162022Expenses 2023: $1,9622023Expenses 2024: $1,4612024

Highlighted filing

2020

Revenue$39,710
Expenses$12,776
Net Income$26,934
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 20, 2021
Return Version
2020v4.1
Gross Receipts
$39,710
Mission and Program Overview

Mission

Fundraising and donations to comm entiti

Program Services

DescriptionGrantsExpenses
GENERAL FUNDRAISING THROUGH SPECIAL EVENTS IN ORDER TO DONATE NEEDED FUNDS TO VARIOUS COMMUNITY RELATED CHARITABLE ORGANIZATIOINS WITH THE EXPECTED RESULTS OF BUILDING GENL UNITY--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN SALTASManaging DirectorPT$0--
PETE SALTASBoard Member-$0--
CHRISTIAN PRISKOSBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Beer Fest$39,710$39,710-$39,710
Total Events$39,710$39,710-$39,710
Filing and Contact Details

Filer

Filer Name
Galena Fund
EIN
81-2479801
Address
175 W 200 S STE 100, Salt Lake City, UT 84101

Signing Officer

Name
John Saltas
Title
Managing Direct
Signed
2021-10-20
Discuss with paid preparer
No

Preparer

Firm
S R Smith & Company
Address
1095 East 2100 South Ste 270, Salt Lake City, UT 84106
Preparer
Steven R Smith CPA
Phone
8014867676
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountBANK CHARGES 26DONATIONS 750”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearLOAN PAYABLE TO COPPERFIELD 27,013 0ACCOUNTS PAYABLE 0 2,298CREDIT CARDS PAYABLE 0 4,519”

Raw XML Appendix149 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0JOHN SALTAS
IRS990EZ/BooksInCareOfDetail/PhoneNum08015757003
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0175 W 200 S STE 100
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Salt Lake City
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0UT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd084101
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06738
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt026934
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt09600
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt06738
IRS990EZ/FundraisingGrossIncomeAmt039710
IRS990EZ/GrossReceiptsAmt039710
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-27013
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-79
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-27013
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-79
IRS990EZ/OccupancyRentUtltsAndMaintAmt02400
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt23.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOHN SALTAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PETE SALTAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CHRISTIAN PRISKOS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0MANAGING DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt0776
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0FUNDRAISING AND DONATIONS TO COMM ENTITI
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GENERAL FUNDRAISING THROUGH SPECIAL EVENTS IN ORDER TO DONATE NEEDED FUNDS TO VARIOUS COMMUNITY RELATED CHARITABLE ORGANIZATIOINS WITH THE EXPECTED RESULTS OF BUILDING GENL UNITY
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt039710
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt027013
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt06817
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt012776
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt039710
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt025500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt020500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt046000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt039710
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt039710
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0271006
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0212856
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0483862
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0569572
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt039710
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0296506
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0233356
IRS990ScheduleA/Total509Grp/TotalAmt0569572
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt039710
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0296506
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0233356
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0569572
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BEER FEST
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt039710
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt039710
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt039710
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt039710
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt039710
IRS990ScheduleG/LicensedStatesCd0UT
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountBANK CHARGES 26DONATIONS 750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearLOAN PAYABLE TO COPPERFIELD 27,013 0ACCOUNTS PAYABLE 0 2,298CREDIT CARDS PAYABLE 0 4,519
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN SALTAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGING DIRECT
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Galena Fund
ReturnHeader/Filer/BusinessNameControlTxt0GALE
ReturnHeader/Filer/EIN0812479801
ReturnHeader/Filer/USAddress/AddressLine1Txt0175 W 200 S STE 100
ReturnHeader/Filer/USAddress/CityNm0Salt Lake City
ReturnHeader/Filer/USAddress/StateAbbreviationCd0UT
ReturnHeader/Filer/USAddress/ZIPCd084101
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200587803
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0S R Smith & Company
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01095 East 2100 South Ste 270
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Salt Lake City
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0UT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd084106
ReturnHeader/PreparerPersonGrp/PhoneNum08014867676
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Steven R Smith CPA
ReturnHeader/ReturnTs02021-10-22T11:02:24-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SALTAS
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,738
Liabilities
$6,817
Net assets
-$79
Revenue
$39,710
Expenses
$12,776
Net income
$26,934
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.01$0.60$0.59$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.02$0.60$0.58$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.05$0.02$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.05$0.00$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.07$0.07$0.00$0.40$0.13$0.27
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.32$0.32
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.32$0.32$2.97$3.32$0.35
2016Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$2.33$2.30$0.03