Civic Intelligence

Onepulse Foundation Inc

990 • Fiscal year 2016 • EIN 81-3142847

Jul 06, 2016 to Dec 31, 2016 • Filed on Aug 15, 2017

1223 E Concord StOrlando, FL 32803

(407) 894-5000

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

71st percentile

15%

Higher net margin than 71% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$35,586

No earlier filing loaded for comparison.

Net Assets

$35,586

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$234,056

No earlier filing loaded for comparison.

Expenses

$198,470

No earlier filing loaded for comparison.

Net Income

$35,586

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2016: $35,586Liabilities 2016: $0Net Assets 2016: $35,5862016Assets 2017: $160,606Liabilities 2017: $4,548Net Assets 2017: $156,0582017Assets 2018: $1,334,642Liabilities 2018: $203,260Net Assets 2018: $1,131,3822018Assets 2019: $6,212,087Liabilities 2019: $390,886Net Assets 2019: $5,821,2012019Assets 2020: $6,463,561Liabilities 2020: $754,291Net Assets 2020: $5,709,2702020Assets 2021: $7,245,432Liabilities 2021: $532,645Net Assets 2021: $6,712,7872021Assets 2022: $6,999,582Liabilities 2022: $1,007,074Net Assets 2022: $5,992,5082022

Highlighted filing

2016

Assets$35,586
Liabilities$0
Net Assets$35,586

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2016: $234,056Expenses 2016: $198,470Net Income 2016: $35,5862016Revenue 2017: $374,538Expenses 2017: $254,066Net Income 2017: $120,4722017Revenue 2018: $1,635,860Expenses 2018: $715,076Net Income 2018: $920,7842018Revenue 2019: $6,686,739Expenses 2019: $2,219,426Net Income 2019: $4,467,3132019Revenue 2020: $3,420,669Expenses 2020: $3,532,600Net Income 2020: -$111,9312020Revenue 2021: $4,897,872Expenses 2021: $3,894,355Net Income 2021: $1,003,5172021Revenue 2022: $2,680,901Expenses 2022: $3,401,180Net Income 2022: -$720,2792022

Highlighted filing

2016

Revenue$234,056
Expenses$198,470
Net Income$35,586
Jump To
Filing Snapshot
Filing Period
Jul 6, 2016 to Dec 31, 2016
Signed
Aug 15, 2017
Return Version
2016v3.0
Gross Receipts
$269,173
Mission and Program Overview

Mission

See schedule o - see reference form 990, part 1, line 1

SEE SCHEDULE O.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$0$35,586▲ $35,586
Cash and Non-Interest-Bearing Accounts-$33,936-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$35,586▲ $35,586
Other Assets Total$0$1,650▲ $1,650
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$35,586▲ $35,586
Total Liabilities and Net Assets / Fund Balance$0$35,586▲ $35,586
Compensation and Service Providers

Board Members and Trustees

NameTitle
Barbara PomaPresident
Jason FeltsVice President
Gus R Bentitez EsquireSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$269,173
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-35,117
All Other Contributions
$22,937
Change in Net Assets
$35,586
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$195,189
Other Expenses$3,281
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$195,189--$195,189
Travel$2,299--$2,299
Information Technology$665$74-$739
Office Expenses$138$15-$153
Other Expenses$81$9-$90
Total Functional Expenses$198,372$98$0$198,470
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
National Center for VictimsWashington, DC-Assistance With Victims of Pulse Attack Based on Need.$195,189
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$35,117
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
A Benefit for Orlando/entertainment$246,236-$534-
Total Events$246,236-$35,117$-35,117
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
Backup withholding compliance
Yes
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

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

A draft of form 990 was reviewed in detail by the president and a voting board member (secretary) prior to submission to the irs. Form 990 information will be provided to the other board members after submission to the irs.

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

The conflict of interest policy requires conflicts of interest to be disclosed to the president of the board of trustees on an ongoing basis for any required action. In addition, the organization is implementing a procedure that requires annually, and at the time of receipt of a copy of the policy, members of the board of trustees, officers, and key employees to affirm, through a signed declaration that advises there are no conflicts of interest or advising there are possibilities which must be discussed and/or disclosed.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and a complete copy of its financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Onepulse Foundation Inc
EIN
81-3142847
Phone
4078945000
Address
1223 E CONCORD ST, ORLANDO, FL 32803

Signing Officer

Name
Gus R Benitez
Title
Secretary
Phone
4078945000
Signed
2017-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gus R Benitez
Formed
2016
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Ra Simasek Pa
Address
601 N FERNCREEK AVE STE 110, ORLANDO, FL 32803
Preparer
R a Simasek Pa
Phone
4078945050
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Line 1

On june 12th, 2016, the pulse nightclub in orlando, florida, was the victim of a violent and unprovoked deadly attack with massive casualties and devastating consequences. The foundation is the only 501(c)(3) incorporated by the owners of the pulse nightclub of orlando, florida, for charitable, religious and educational purposes, including, (i) providing immediate financial assistance to victims affected by the attack at pulse nightclub in orlando, florida; (ii) conceiving, funding and aiding in the construction of a permanent memorial on the existing pulse site in orlando, florida, and other relevant sites to be determined by the board; (iii) making distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the internal revenue code, for related purposes or the corresponding section of any future federal tax code; (iv) seeking support by soliciting, receiving and administering gifts and bequests of funds and property, both restricted and unrestricted, for charitable purposes; (v) taking and holding, absolutely or in trust, for any such purposes funds and property of every kind, real, personal, tangible and intangible, subject only to any limitations and conditions imposed by law or by the instrument under which received; (vi) selling, leasing, conveying or otherwise dispose of any such property and to invest and reinvest the proceeds of and earnings from such property in accordance with investment policies established from time to time by the foundation's board of directors; and (vii) exercising any, all and every power, including trust powers, which a foundation not for profit created under the laws of the state of florida can be authorized to exercise.

Raw XML Appendix310 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.

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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ASSISTANCE WITH VICTIMS OF PULSE ATTACK BASED ON NEED.
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ASSISTANCE IS AT THE DISCRETION OF THE BOARD OF DIRECTORS, THEREFORE, NO WRITTEN CONTRACTS WILL BE IN PLACE AND THERE WILL BE NO APPLICATION PROCESS. THERE IS NO RELATIONSHIP BETWEEN ONEPULSE FOUNDATION, INC. AND CONTRIBUTION RECEIPT ORGANIZATIONS. ONEPULSE FOUNDATION, INC. KEEPS COMPLETE ACCOUNTING RECORDS OF ALL DISTRIBUTIONS TO OTHER 501(C)(3) ENTITIES. ONEPULSE FOUNDATION, INC. WILL RELY ON INFORMATION OBTAINED FROM IRS FORM 990 TO ENSURE RESOURCES ARE BEING USED IN THE MANNER ANTICIPATED BY OUR ORGANIZATION AND ITS BOARD OF DIRECTORS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ON JUNE 12TH, 2016, THE PULSE NIGHTCLUB IN ORLANDO, FLORIDA, WAS THE VICTIM OF A VIOLENT AND UNPROVOKED DEADLY ATTACK WITH MASSIVE CASUALTIES AND DEVASTATING CONSEQUENCES. THE FOUNDATION IS THE ONLY 501(C)(3) INCORPORATED BY THE OWNERS OF THE PULSE NIGHTCLUB OF ORLANDO, FLORIDA, FOR CHARITABLE, RELIGIOUS AND EDUCATIONAL PURPOSES, INCLUDING, (I) PROVIDING IMMEDIATE FINANCIAL ASSISTANCE TO VICTIMS AFFECTED BY THE ATTACK AT PULSE NIGHTCLUB IN ORLANDO, FLORIDA; (II) CONCEIVING, FUNDING AND AIDING IN THE CONSTRUCTION OF A PERMANENT MEMORIAL ON THE EXISTING PULSE SITE IN ORLANDO, FLORIDA, AND OTHER RELEVANT SITES TO BE DETERMINED BY THE BOARD; (III) MAKING DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, FOR RELATED PURPOSES OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE; (IV) SEEKING SUPPORT BY SOLICITING, RECEIVING AND ADMINISTERING GIFTS AND BEQUESTS OF FUNDS AND PROPERTY, BOTH RESTRICTED AND UNRESTRICTED, FOR CHARITABLE PURPOSES; (V) TAKING AND HOLDING, ABSOLUTELY OR IN TRUST, FOR ANY SUCH PURPOSES FUNDS AND PROPERTY OF EVERY KIND, REAL, PERSONAL, TANGIBLE AND INTANGIBLE, SUBJECT ONLY TO ANY LIMITATIONS AND CONDITIONS IMPOSED BY LAW OR BY THE INSTRUMENT UNDER WHICH RECEIVED; (VI) SELLING, LEASING, CONVEYING OR OTHERWISE DISPOSE OF ANY SUCH PROPERTY AND TO INVEST AND REINVEST THE PROCEEDS OF AND EARNINGS FROM SUCH PROPERTY IN ACCORDANCE WITH INVESTMENT POLICIES ESTABLISHED FROM TIME TO TIME BY THE FOUNDATION'S BOARD OF DIRECTORS; AND (VII) EXERCISING ANY, ALL AND EVERY POWER, INCLUDING TRUST POWERS, WHICH A FOUNDATION NOT FOR PROFIT CREATED UNDER THE LAWS OF THE STATE OF FLORIDA CAN BE AUTHORIZED TO EXERCISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF FORM 990 WAS REVIEWED IN DETAIL BY THE PRESIDENT AND A VOTING BOARD MEMBER (SECRETARY) PRIOR TO SUBMISSION TO THE IRS. FORM 990 INFORMATION WILL BE PROVIDED TO THE OTHER BOARD MEMBERS AFTER SUBMISSION TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY REQUIRES CONFLICTS OF INTEREST TO BE DISCLOSED TO THE PRESIDENT OF THE BOARD OF TRUSTEES ON AN ONGOING BASIS FOR ANY REQUIRED ACTION. IN ADDITION, THE ORGANIZATION IS IMPLEMENTING A PROCEDURE THAT REQUIRES ANNUALLY, AND AT THE TIME OF RECEIPT OF A COPY OF THE POLICY, MEMBERS OF THE BOARD OF TRUSTEES, OFFICERS, AND KEY EMPLOYEES TO AFFIRM, THROUGH A SIGNED DECLARATION THAT ADVISES THERE ARE NO CONFLICTS OF INTEREST OR ADVISING THERE ARE POSSIBILITIES WHICH MUST BE DISCUSSED AND/OR DISCLOSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND A COMPLETE COPY OF ITS FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
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IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt098
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0198372
IRS990/TotalFunctionalExpensesGrp/TotalAmt0198470
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt035586
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0198372
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-35117
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0234056
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt035586
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt02299
IRS990/TravelGrp/TotalAmt02299
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01223 EAST CONCORD STREET
IRS990/USAddress/CityNm0ORLANDO
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032803
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0ONEPULSEFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GUS R BENITEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum04078945000
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-08-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ONEPULSE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0ONEP
ReturnHeader/Filer/EIN0813142847
ReturnHeader/Filer/PhoneNum04078945000
ReturnHeader/Filer/USAddress/AddressLine1Txt01223 E CONCORD ST
ReturnHeader/Filer/USAddress/CityNm0ORLANDO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032803
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId07A5C02AC317D6200F81753E946FA545B8F057A3A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07A5C02AC317D6200F81753E946FA545B8F057A3A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0162.239.24.17
ReturnHeader/FilingSecurityInformation/IPDt02017-08-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm014:49:47
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0593761263
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RA SIMASEK PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0601 N FERNCREEK AVE STE 110
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ORLANDO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032803
ReturnHeader/PreparerPersonGrp/PhoneNum04078945050
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0R A SIMASEK PA
ReturnHeader/ReturnTs02017-08-21T16:18:46-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-06
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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