Civic Intelligence

Grasslands Foundation Inc.

990 • Fiscal year 2021 • EIN 81-2992067

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 10, 2022

601 Union St Ste 3300Seattle, WA 98101-4024

(206) 357-3033

Siviq Scores

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

Liabilities / Assets

29th percentile

0.00x

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

29th percentile

0.00x

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

98th percentile

91%

Higher net margin than 98% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

81st percentile

44%

Faster asset growth than 81% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

6th percentile

-52%

Faster revenue growth than 6% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$546,059

Up $166,283 (+44%) from 2020

Net Assets

Up

$546,059

Up $166,283 (+44%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$183,684

Down $202,436 (-52%) from 2020

Expenses

Down

$17,401

Down $321,991 (-95%) from 2020

Net Income

Up

$166,283

Up $119,555 (+256%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2017: $132,299Liabilities 2017: $02017Assets 2018: $293,918Liabilities 2018: $0Net Assets 2018: $293,9182018Assets 2019: $333,047Liabilities 2019: $0Net Assets 2019: $333,0472019Assets 2020: $379,776Liabilities 2020: $0Net Assets 2020: $379,7762020Assets 2021: $546,059Liabilities 2021: $0Net Assets 2021: $546,0592021Assets 2022: $295,183Liabilities 2022: $0Net Assets 2022: $295,1832022Assets 2023: $181,405Liabilities 2023: $0Net Assets 2023: $181,4052023

Highlighted filing

2021

Assets$546,059
Liabilities$0
Net Assets$546,059

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2017: $132,308Expenses 2017: $9Net Income 2017: $132,2992017Revenue 2018: $333,731Expenses 2018: $172,112Net Income 2018: $161,6192018Revenue 2019: $553,247Expenses 2019: $514,118Net Income 2019: $39,1292019Revenue 2020: $386,120Expenses 2020: $339,392Net Income 2020: $46,7282020Revenue 2021: $183,684Expenses 2021: $17,401Net Income 2021: $166,2832021Revenue 2022: $44,334Expenses 2022: $295,209Net Income 2022: -$250,8752022Revenue 2023: $22,528Expenses 2023: $136,306Net Income 2023: -$113,7782023

Highlighted filing

2021

Revenue$183,684
Expenses$17,401
Net Income$166,283
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 10, 2022
Return Version
2021v4.0
Gross Receipts
$183,684
Mission and Program Overview

Mission

Support education and academics through grants toward the creation and maintenance of appropriate spaces conducive to study both individually and in study groups for student members of the Missouri Alpha of Phi Kappa Psi Fraternity at the University of Missouri Columbia MO. Scholarship grants to full time students enrolled at the University of Missouri-Columbia.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$379,776$546,059▲ $166,283
Cap Stk Tr Prin Current Funds$379,776$546,059▲ $166,283
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$379,776$546,059▲ $166,283
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$379,776$546,059▲ $166,283
Total Liabilities and Net Assets / Fund Balance$379,776$546,059▲ $166,283
Compensation and Service Providers

Board Members and Trustees

NameTitle
Darrin WidickDirector
Jon W ScheidkerDirector
Richard BienDirector
Robert UnderhillDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$183,420
Program Service Revenue
$0
Investment Income
$264
Other Revenue
$0
All Other Contributions
$183,420
Change in Net Assets
$166,283

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded6$49,241Market price on date of gift Market price on date of gift Market value on date of gift Market value
Other Non Cash Contri Table0$4,87022 VV; 11 FDVLX
Total Noncash Contributions6$54,111-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Professional Fundraising Fees$17,401
Total Fundraising Expense$17,401
Grants and Similar Amounts Paid$0
Other Expenses$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Professional Fundraising--$17,401$17,401
Total Functional Expenses$0$0$17,401$17,401
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$17,401
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

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

Governance Explanations

Part VI, Section B, Line 11B

Reviewed by CPA board member

Part VI, Section C, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Grasslands Foundation Inc
EIN
81-2992067
In Care Of
% Jon W Scheidker
Address
601 UNION ST STE 3300, SEATTLE, WA 98101-4024

Signing Officer

Name
Robert A Underhill
Title
Director
Signed
2022-06-10
Discuss with paid preparer
No

Organization Details

Formed
2017
Legal Domicile
Mo
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0417
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0264
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt035
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0116
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0417
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0734135
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0172796
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0175781
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0174277
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0137902
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt073379
IRS990ScheduleA/Total509Grp/TotalAmt0734135
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0173060
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0175816
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0174279
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0138018
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt073379
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0734552
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/ScheduleBRequiredInd0true
IRS990ScheduleG/AgrmtProfFundraisingActyInd0true
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0fundraising
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd0false
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt0183000
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0165599
IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm0Pennington and Co
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt017401
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0501 Gateway Dr
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0Lawrence
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0AL
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd066049
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/TotalGrossReceiptsAmt0183000
IRS990ScheduleG/TotalNetToOrganizationAmt0165599
IRS990ScheduleG/TotalRetainedByContractorsAmt017401
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/Form8283ReceivedCnt00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt00
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt022 VV; 11 FDVLX
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt04870
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0true
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt06
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0Market price on date of gift Market price on date of gift Market value on date of gift Market value
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt049241
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0.-Number Of Item Contributed: 0
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt1.-Number Of Item Contributed: 0
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0FormAndLineReferenceDesc: Part I, Column(b)
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc1FormAndLineReferenceDesc: Part I, Column(b)
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Reviewed by CPA board member
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0379776
IRS990/TotalAssetsEOYAmt0546059
IRS990/TotalAssetsGrp/BOYAmt0379776
IRS990/TotalAssetsGrp/EOYAmt0546059
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0183420
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt017401
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt017401
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0379776
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0546059
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt00
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00

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