Civic Intelligence

Glenridge Charitable Foundation Inc.

990 • Fiscal year 2019 • EIN 81-2990180

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 13, 2020

7333 Scotland WaySarasota, FL 34238

(941) 552-5300

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

28th percentile

0.00x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

60th percentile

8.1%

Higher net margin than 60% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

67th percentile

12%

Faster asset growth than 67% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

16th percentile

-19%

Faster revenue growth than 16% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$506,356

Up $52,910 (+12%) from 2018

Net Assets

Up

$506,356

Up $52,910 (+12%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$817,119

Down $188,699 (-19%) from 2018

Expenses

Up

$751,184

Up $154,794 (+26%) from 2018

Net Income

Down

$65,935

Down $343,493 (-84%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016Assets 2017: $44,018Liabilities 2017: $0Net Assets 2017: $44,0182017Assets 2018: $453,446Liabilities 2018: $0Net Assets 2018: $453,4462018Assets 2019: $506,356Liabilities 2019: $0Net Assets 2019: $506,3562019Assets 2020: $476,851Liabilities 2020: $0Net Assets 2020: $476,8512020Assets 2021: $125,452Liabilities 2021: $0Net Assets 2021: $125,4522021Assets 2022: $129,151Liabilities 2022: $199,770Net Assets 2022: -$70,6192022Assets 2023: $172,136Liabilities 2023: $172,136Net Assets 2023: $02023Assets 2024: $53,430Liabilities 2024: $53,430Net Assets 2024: $02024

Highlighted filing

2019

Assets$506,356
Liabilities$0
Net Assets$506,356

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $639,247Expenses 2017: $611,153Net Income 2017: $28,0942017Revenue 2018: $1,005,818Expenses 2018: $596,390Net Income 2018: $409,4282018Revenue 2019: $817,119Expenses 2019: $751,184Net Income 2019: $65,9352019Revenue 2020: $1,069,279Expenses 2020: $1,098,784Net Income 2020: -$29,5052020Revenue 2021: $997,663Expenses 2021: $1,349,062Net Income 2021: -$351,3992021Revenue 2022: $1,491,568Expenses 2022: $1,687,639Net Income 2022: -$196,0712022Revenue 2023: $860,009Expenses 2023: $789,390Net Income 2023: $70,6192023Revenue 2024: $535,869Expenses 2024: $535,869Net Income 2024: $02024

Highlighted filing

2019

Revenue$817,119
Expenses$751,184
Net Income$65,935
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 13, 2020
Return Version
2019v5.1
Gross Receipts
$817,119
Mission and Program Overview

Mission

Support and benefit the charitable purposes of the glenridge on palmer ranch, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$425,488$442,592▲ $17,104
Cash and Non-Interest-Bearing Accounts$27,958$59,429▲ $31,471
Accounts Receivable-$4,335-
Total Assets$453,446$506,356▲ $52,910
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$416,157$474,492▲ $58,335
Net Assets Without Donor Restrictions$37,289$31,864▼ $5,425
Total Net Assets Fund Balance$453,446$506,356▲ $52,910
Total Liabilities and Net Assets / Fund Balance$453,446$506,356▲ $52,910
Compensation and Service Providers

Board Members and Trustees

NameTitle
Howard G Crowell JrChair
James W Cater JrVice Chair
Alexandra QuarlesDirector/trustee
Allene HazeltineDirector/trustee
Ben TuroffDirector/trustee
Betty StewartDirector/trustee
Dodie SorensenDirector/trustee
George DavisDirector/trustee
George MeaserDirector/trustee
Jackie PillsburyDirector/trustee
Judy MorrisonDirector/trustee
Larry LessenDirector/trustee
Larry SouthwickDirector/trustee
Logan MaloneDirector/trustee
Lou DavisDirector/trustee
Marvin GrossDirector/trustee
Mary NesbitDirector/trustee
Mary RaineyDirector/trustee
Paul GicobbeDirector/trustee
Phillip NelsonDirector/trustee
Robert HendersonDirector/trustee
Marny StuartSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$813,385
Program Service Revenue
$0
Investment Income
$3,734
Other Revenue
$0
All Other Contributions
$813,385
Change in Net Assets
$65,935
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$751,037
Other Expenses$147
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$751,037--$751,037
Other Expenses$147--$147
Total Functional Expenses$751,184$0$0$751,184
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Glenridge on Palmer Ranch IncSarasota, FL501(c)(3)Charitable$213,763
Faith Lutheran ChurchSarasota, FL501(c)(3)Religious$90,000
University of Wisconsin FoundationMadison, WI501(c)(3)Educational$74,451
All Faiths Food BankSarasota, FL501(c)(3)Charitable$28,250
Sarasota Baptist ChurchSarasota, FL501(c)(3)Religious$24,500
Salvation Army of SarasotaSarasota, FL-Charitable$22,525
Church of the PalmsSarasota, FL501(c)(3)Religious$18,920
United Jewish Federation of SarasotamanateeSarasota, FL501(c)(3)Charitable$15,000
American Red CrossSarasota, FL501(c)(3)Charitable$14,955
Community Foundation of Sarasota CountySarasota, FL501(c)(3)Charitable$12,600
Choral Artists of SarasotaSarasota, FL501(c)(3)Charitable$12,000
Ronald Mcdonald CharitiesEvansville, IN501(c)(3)Charitable$12,000
Cornell UniversityBoone, IA501(c)(3)Educational$11,000
Sarasota Military AcademySarasota, FL501(c)(3)Educational$11,000
Chabad of SarasotaSarasota, FL501(c)(3)Religious$10,000
Mothers Helping MothersSarasota, FL501(c)(3)Charitable$10,000
Sarasota OrchestraSarasota, FL501(c)(3)Charitable$6,700
Lutheran Counseling CenterMineola, NY501(c)(3)Religious$5,000
Paul Oliver Memorial HospitalFrankfort, MI501(c)(3)Charitable$5,000
Pines of Sarasota FoundationSarasota, FL501(c)(3)Charitablecharitable$5,000
St Paul Lutheran ChurchMonona, IA501(c)(3)Charitable$5,000
The Sigma FoundationWoodstock, VA501(c)(7)Educational$5,000
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A copy of the 990 was provided to the board prior to filing

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is reviewed by the board annually and all new board members sign the policy. Board members are also reminded to identify any conflicts of interest as policy votes occur and those with conflicts do not vote.

Form 990, Part VI, Section C, Line 19

The organization provides documents upon request

Filing and Contact Details

Filer

Filer Name
The Glenridge Charitable Foundation Inc
EIN
81-2990180
Phone
9415525300
Address
7333 SCOTLAND WAY, SARASOTA, FL 34238

Signing Officer

Name
Howard G Crowell Jr
Title
Chair
Phone
9415525300
Signed
2020-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Howard G Crowell Jr
Formed
2016
Legal Domicile
Fl
Voting Board Members
25
Independent Board Members
25
Employees
0
Volunteers
0

Preparer

Firm
Bobbitt Pittenger & Company Pa
Address
3277 FRUITVILLE RD BLDG E, SARASOTA, FL 34237
Preparer
Joshua Pisa
Phone
9413664450
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The glenridge on palmer ranch, inc. Has adopted the provisions of fasb asc no. 740, "accounting for uncertainty in income taxes" ("asc 740"). Asc 740 requires that the impact of tax positions be recognized in the financial statements if they are more likely than not of being sustained upon examination, based on the technical merits of the position. The glenridge's income tax filings are subject to audit by various taxing authorities. The glenridge's open audit periods are 2017-2019.

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IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt025
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt03734
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03734
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SUPPORT AND BENEFIT THE CHARITABLE PURPOSES OF THE GLENRIDGE ON PALMER RANCH, INC.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0453446
IRS990/NetAssetsOrFundBalancesEOYAmt0506356
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt037289
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt031864
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SERVICE CHARGES
IRS990/OtherExpensesGrp/ProgramServicesAmt0147
IRS990/OtherExpensesGrp/TotalAmt0147
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0HOWARD G CROWELL JR
IRS990/PriorPeriodAdjustmentsAmt0-13025
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01005747
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0594390
IRS990/PYInvestmentIncomeAmt071
IRS990/PYOtherExpensesAmt02000
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0409428
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0596390
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01005818
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt065935
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0813385
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0425488
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0442592
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0813384
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01005748
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0639247
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0161505
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02619884
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03734
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt071
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03805
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt02619884
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0813384
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01005748
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0639247
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0161505
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02619884
IRS990ScheduleA/TotalSupportAmt02623689
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE GLENRIDGE ON PALMER RANCH, INC. HAS ADOPTED THE PROVISIONS OF FASB ASC NO. 740, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" ("ASC 740"). ASC 740 REQUIRES THAT THE IMPACT OF TAX POSITIONS BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE GLENRIDGE'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE GLENRIDGE'S OPEN AUDIT PERIODS ARE 2017-2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt05000
IRS990ScheduleI/RecipientTable/CashGrantAmt16700
IRS990ScheduleI/RecipientTable/CashGrantAmt211000
IRS990ScheduleI/RecipientTable/CashGrantAmt324500
IRS990ScheduleI/RecipientTable/CashGrantAmt412000
IRS990ScheduleI/RecipientTable/CashGrantAmt55000
IRS990ScheduleI/RecipientTable/CashGrantAmt610000
IRS990ScheduleI/RecipientTable/CashGrantAmt75000
IRS990ScheduleI/RecipientTable/CashGrantAmt811000
IRS990ScheduleI/RecipientTable/CashGrantAmt912000
IRS990ScheduleI/RecipientTable/CashGrantAmt1010000
IRS990ScheduleI/RecipientTable/CashGrantAmt1115000
IRS990ScheduleI/RecipientTable/CashGrantAmt125000
IRS990ScheduleI/RecipientTable/CashGrantAmt1374451
IRS990ScheduleI/RecipientTable/CashGrantAmt1414955
IRS990ScheduleI/RecipientTable/CashGrantAmt1528250
IRS990ScheduleI/RecipientTable/CashGrantAmt16213763
IRS990ScheduleI/RecipientTable/CashGrantAmt1718920
IRS990ScheduleI/RecipientTable/CashGrantAmt1890000
IRS990ScheduleI/RecipientTable/CashGrantAmt195000
IRS990ScheduleI/RecipientTable/CashGrantAmt2012600
IRS990ScheduleI/RecipientTable/CashGrantAmt2122525
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(7)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc7501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc8501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc9501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc10501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc11501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc12501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc13501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc14501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc15501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc16501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc17501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc18501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc19501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc20501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EDUCATIONAL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1CHARITABLE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2EDUCATIONAL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3RELIGIOUS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4CHARITABLE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5CHARITABLE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6CHARITABLE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7RELIGIOUS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8EDUCATIONAL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9CHARITABLE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10RELIGIOUS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11CHARITABLE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12CHARITABLE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt13EDUCATIONAL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt14CHARITABLE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt15CHARITABLE

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