Civic Intelligence

Glenridge Charitable Foundation Inc.

990 • Fiscal year 2020 • EIN 81-2990180

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 02, 2021

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

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

31st percentile

-2.8%

Higher net margin than 31% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

13th percentile

-5.8%

Faster asset growth than 13% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

81st percentile

31%

Faster revenue growth than 81% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$476,851

Down $29,505 (-5.8%) from 2019

Net Assets

Down

$476,851

Down $29,505 (-5.8%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$1,069,279

Up $252,160 (+31%) from 2019

Expenses

Up

$1,098,784

Up $347,600 (+46%) from 2019

Net Income

Down

-$29,505

Down $95,440 (-145%) from 2019

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

2020

Assets$476,851
Liabilities$0
Net Assets$476,851

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

2020

Revenue$1,069,279
Expenses$1,098,784
Net Income-$29,505
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 2, 2021
Return Version
2020v4.1
Gross Receipts
$1,069,279
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$442,592$430,027▼ $12,565
Cash and Non-Interest-Bearing Accounts$59,429$46,824▼ $12,605
Accounts Receivable$4,335--
Total Assets$506,356$476,851▼ $29,505
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$474,492$400,000▼ $74,492
Net Assets Without Donor Restrictions$31,864$76,851▲ $44,987
Total Net Assets Fund Balance$506,356$476,851▼ $29,505
Total Liabilities and Net Assets / Fund Balance$506,356$476,851▼ $29,505
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
$1,066,657
Program Service Revenue
$0
Investment Income
$2,622
Other Revenue
$0
All Other Contributions
$1,066,657
Change in Net Assets
$-29,505
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,098,434
Other Expenses$350
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,093,434--$1,093,434
Grants to Domestic Individuals$5,000--$5,000
Information Technology$350--$350
Total Functional Expenses$1,098,784$0$0$1,098,784
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Kay Pezzillo Arts Fund-501(c)(3)Charitable$250,000
The Glenridge on Palmer Ranch IncWoodstock, VA501(c)(3)Charitable$238,747
University of Wisconsin FoundationSarasota, FL501(c)(3)Educational$80,116
All Faiths Food BankSarasota, FL501(c)(3)Charitable$53,780
SAMARITAN'S PURSEBoca Grande, FL501(c)(3)Charitable$40,000
Faith Lutheran ChurchSarasota, FL501(c)(3)Religious$36,500
Salvation Army of SarasotaSarasota, FL501(c)(3)Charitable$35,300
Church of the PalmsSarasota, FL501(c)(3)Religious$28,000
Sarasota Baptist ChurchSarasota, FL501(c)(3)Religious$27,500
American Red CrossSarasota, FL501(c)(3)Charitable$16,750
Community Foundation of Sarasota CountySarasota, FL501(c)(3)Charitable$15,750
Chabad of SarasotaSarasota, FL501(c)(3)Religious$10,000
United Jewish Federation of SarasotamanateeMadison, WI501(c)(3)Charitable$7,525
ST JUDE'S CHILDREN'S HOSPITALSarasota, FL501(c)(3)Charitable$7,450
Siesta Key ChapelBradenton, FL501(c)(3)Religioius$7,054
Sarasota Military AcademyMemphis, TN501(c)(3)Educational$6,000
Planned ParenthoodSarasota, FL501(c)(3)Charitablecharitable$5,600
The Sigma FoundationSarasota, FL501(c)(7)Educational$5,073
Boca Grande United Methodist Church-501(c)(3)Religious$5,000
Choral Artists of SarasotaSarasota, FL501(c)(3)Charitable$5,000
Cornell UniversityBoone, IA501(c)(3)Educational$5,000
Lutheran Counseling CenterMineola, NY501(c)(3)Religious$5,000
Paul Oliver Memorial HospitalFrankfort, MI501(c)(3)Charitable$5,000
Sarasota Manatee Assoc for Riding TherapyBoone, NC501(c)(3)Charitable$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
2021-09-02
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
Walters & Associates Cpas
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 2018-2020.

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IRS990/GrantAmt01098434
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt05000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt05000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01093434
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01093434
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01069279
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt025
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0350
IRS990/InformationTechnologyGrp/TotalAmt0350
IRS990/InvestmentIncomeGrp/ExclusionAmt02622
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02622
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/NetAssetsOrFundBalancesBOYAmt0506356
IRS990/NetAssetsOrFundBalancesEOYAmt0476851
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt031864
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt076851
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0HOWARD G CROWELL JR
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0813385
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0751037
IRS990/PYInvestmentIncomeAmt03734
IRS990/PYOtherExpensesAmt0147
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt065935
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0751184
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0817119
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-29505
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01066657
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0442592
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0430027
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01066657
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0813384
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01005748
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0639247
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0161505
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03686541
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02622
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03734
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt071
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06427
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.64790
IRS990ScheduleA/PublicSupportTotal170Amt02392517
IRS990ScheduleA/SubstantialContributorsTotAmt01294024
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01066657
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0813384
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01005748
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0639247
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0161505
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03686541
IRS990ScheduleA/TotalSupportAmt03692968
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 2018-2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt05000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0CASH
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt01
IRS990ScheduleI/RecipientTable/CashGrantAmt053780
IRS990ScheduleI/RecipientTable/CashGrantAmt116750
IRS990ScheduleI/RecipientTable/CashGrantAmt210000
IRS990ScheduleI/RecipientTable/CashGrantAmt35000
IRS990ScheduleI/RecipientTable/CashGrantAmt428000
IRS990ScheduleI/RecipientTable/CashGrantAmt515750
IRS990ScheduleI/RecipientTable/CashGrantAmt65000
IRS990ScheduleI/RecipientTable/CashGrantAmt736500
IRS990ScheduleI/RecipientTable/CashGrantAmt85000
IRS990ScheduleI/RecipientTable/CashGrantAmt95000
IRS990ScheduleI/RecipientTable/CashGrantAmt105600
IRS990ScheduleI/RecipientTable/CashGrantAmt1135300
IRS990ScheduleI/RecipientTable/CashGrantAmt1227500
IRS990ScheduleI/RecipientTable/CashGrantAmt136000
IRS990ScheduleI/RecipientTable/CashGrantAmt147450
IRS990ScheduleI/RecipientTable/CashGrantAmt15238747
IRS990ScheduleI/RecipientTable/CashGrantAmt165073
IRS990ScheduleI/RecipientTable/CashGrantAmt177525
IRS990ScheduleI/RecipientTable/CashGrantAmt1880116
IRS990ScheduleI/RecipientTable/CashGrantAmt197054
IRS990ScheduleI/RecipientTable/CashGrantAmt205000
IRS990ScheduleI/RecipientTable/CashGrantAmt2140000
IRS990ScheduleI/RecipientTable/CashGrantAmt22250000
IRS990ScheduleI/RecipientTable/CashGrantAmt235000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
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)(7)
IRS990ScheduleI/RecipientTable/IRCSectionDesc17501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc18501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc19501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc20501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc21501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc22501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc23501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CHARITABLE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1CHARITABLE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2RELIGIOUS

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