Civic Intelligence

Charity Assets Trust

EIN 81-4879675 • 501(c)3 • Sarasota, FL

Profile

The trust is organized, and shall be operated, exclusively for charitable, scientific, literary, and educational purposes within the meaning of section 501(c)(3) of the code, (the "qualified purposes") and for the support and benefit of, and to perform the functions of and to carry out the purposes of it's supported organizations.

1859 Northgate BlvdSarasota, FL 34234-2120

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

100th percentile

219%

Higher net margin than 100% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

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

Annualized from 2023 to 2024

Assets

Down

$574

Down $2,557,143 (-100%) from 2023

Liabilities

Down

$0

Down $2,751 (-100%) from 2023

Net Assets

Down

$574

Down $2,554,392 (-100%) from 2023

Revenue

Down

-$1,165,420

Down $1,180,305 (-7929%) from 2023

Expenses

Up

$1,388,972

Up $1,365,809 (+5897%) from 2023

Net Income

Down

-$2,554,392

Down $2,546,114 (-30758%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2017: $0Net Assets 2017: $02017Assets 2018: $945,546Liabilities 2018: $70,870Net Assets 2018: $874,6762018Assets 2019: $153,634Liabilities 2019: $10,000Net Assets 2019: $143,6342019Assets 2020: $140,797Net Assets 2020: $140,7972020Assets 2021: $3,483Liabilities 2021: $0Net Assets 2021: $3,4832021Assets 2022: $2,563,244Liabilities 2022: $0Net Assets 2022: $2,563,2442022Assets 2023: $2,557,717Liabilities 2023: $2,751Net Assets 2023: $2,554,9662023Assets 2024: $574Liabilities 2024: $0Net Assets 2024: $5742024

Highlighted filing

2024

Assets$574
Liabilities$0
Net Assets$574

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2017: $02017Revenue 2018: $10,110,908Expenses 2018: $9,236,232Net Income 2018: $874,6762018Revenue 2019: $3,676Expenses 2019: $734,718Net Income 2019: -$731,0422019Revenue 2020: $88,663Expenses 2020: $91,500Net Income 2020: -$2,8372020Revenue 2021: $1,605,049Expenses 2021: $1,742,363Net Income 2021: -$137,3142021Revenue 2022: $2,565,001Expenses 2022: $5,240Net Income 2022: $2,559,7612022Revenue 2023: $14,885Expenses 2023: $23,163Net Income 2023: -$8,2782023Revenue 2024: -$1,165,420Expenses 2024: $1,388,972Net Income 2024: -$2,554,3922024

Highlighted filing

2024

Revenue-$1,165,420
Expenses$1,388,972
Net Income-$2,554,392

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 2, 2025
Return Version
2024v5.0
Gross Receipts
$1,430,731
Mission and Program Overview

Mission

The Trust is organized, and shall be operated, exclusively for charitable, scientific, literary, and educational purposes within the meaning of Section 501(c)(3) of the Code, (the "Qualified Purposes") and for the support and benefit of, and to perform the functions of and to carry out the purposes of it's supported organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,496,490--
Cash and Non-Interest-Bearing Accounts$61,227$574▼ $60,653
Total Assets$2,557,717$574▼ $2,557,143
Liabilities
Accounts Payable and Accrued Expenses$2,751--
Total Liabilities$2,751$0▼ $2,751
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,554,966$574▼ $2,554,392
Total Net Assets Fund Balance$2,554,966$574▼ $2,554,392
Total Liabilities and Net Assets / Fund Balance$2,557,717$574▼ $2,557,143
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bryan GreenTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$-1,235,290
Other Revenue
$69,870
Change in Net Assets
$-2,554,392
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,390,047
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
Other Expenses$-1,075

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,390,047--$1,390,047
Office Expenses$548$97-$645
Other Expenses-$30-$30
Fees for Services Management$-1,623$-127-$-1,750
Total Functional Expenses$1,388,972$0$0$1,388,972
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Helping Hands Support IncSarasota, FL501c3Supported Organizati$1,390,047
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
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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The tax returns are completed from the financial records of the organization. Once prepared and reviewed by an outside cpa firm, the full tax return is sent to the trustee for their final review prior to filing with the irs.

Form 990, Page 6, Part VI, Line 15B

The board determines a reasonable compensation for the trustee base on time and experience in the industry.

Form 990, Page 6, Part VI, Line 19

Documents available to public upon request.

Filing and Contact Details

Filer

Filer Name
Charity Assets Trust
EIN
81-4879675
Phone
7067546884
Address
1859 NORTHGATE BLVD, SARASOTA, FL 34234-2120

Signing Officer

Name
Bryan Green
Title
Trustee
Phone
7067546884
Signed
2025-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bryan Green
Formed
2016
Legal Domicile
De
Voting Board Members
1
Independent Board Members
1
Employees
0

Preparer

Firm
Barnes Merritt & Koffel LLC
Address
327 DAHLONEGA ST STE 1001, CUMMING, GA 30040-2494
Preparer
Scott Merritt CPA
Phone
7708878680
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The trust is organized, and shall be operated, exclusively for charitable, scientific, literary, and educational purposes within the meaning of section 501(c)(3) of the code, (the "qualified purposes") and for the support and benefit of, and to perform the functions of and to carry out the purposes of it's supported organizations.

Raw XML Appendix282 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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IRS990/FeesForServicesManagementGrp/TotalAmt0-1750
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IRS990/GoverningBodyVotingMembersCnt01
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IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt01350000
IRS990/GrossReceiptsAmt01430731
IRS990/GrossRentsGrp/RealAmt080660
IRS990/GroupReturnForAffiliatesInd0false
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt071
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IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt069870
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IRS990/Organization501c3Ind0X
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0HELPING HANDS SUPPORT INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1NATIONAL CHRISTIAN FOUNDATION
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TRUST IS ORGANIZED, AND SHALL BE OPERATED, EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE CODE, (THE "QUALIFIED PURPOSES") AND FOR THE SUPPORT AND BENEFIT OF, AND TO PERFORM THE FUNCTIONS OF AND TO CARRY OUT THE PURPOSES OF IT'S SUPPORTED ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TAX RETURNS ARE COMPLETED FROM THE FINANCIAL RECORDS OF THE ORGANIZATION. ONCE PREPARED AND REVIEWED BY AN OUTSIDE CPA FIRM, THE FULL TAX RETURN IS SENT TO THE TRUSTEE FOR THEIR FINAL REVIEW PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD DETERMINES A REASONABLE COMPENSATION FOR THE TRUSTEE BASE ON TIME AND EXPERIENCE IN THE INDUSTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS AVAILABLE TO PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/USAddress/ZIPCd0342342120
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRYAN GREEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum07067546884
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-02
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ReturnHeader/Filer/BusinessNameControlTxt0CHAR
ReturnHeader/Filer/EIN0814879675
ReturnHeader/Filer/PhoneNum07067546884
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ReturnHeader/Filer/USAddress/CityNm0SARASOTA
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CUMMING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0300402494
ReturnHeader/PreparerPersonGrp/PhoneNum07708878680
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SCOTT MERRITT CPA
ReturnHeader/ReturnTs02025-11-02T22:11:50-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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