Civic Intelligence

Barracuda Foundation Inc

990EZ • Fiscal year 2021 • EIN 82-1696027

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

1380 Copper Creek DrLexington, KY 40514

(859) 219-0194

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

74th percentile

30%

Higher net margin than 74% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

69th percentile

24%

Faster asset growth than 69% of similar nonprofits.

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

Revenue Growth

73rd percentile

44%

Faster revenue growth than 73% of similar nonprofits.

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

Assets

Up

$82,069

Up $15,833 (+24%) from 2020

Net Assets

Up

$82,069

Up $15,833 (+24%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$52,414

Up $15,956 (+44%) from 2020

Expenses

Down

$36,581

Down $919 (-2.5%) from 2020

Net Income

Up

$15,833

Up $16,875 (+1619%) from 2020

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2019: $67,278Liabilities 2019: $0Net Assets 2019: $67,2782019Assets 2020: $66,236Liabilities 2020: $0Net Assets 2020: $66,2362020Assets 2021: $82,069Liabilities 2021: $0Net Assets 2021: $82,0692021Assets 2022: $79,264Liabilities 2022: $0Net Assets 2022: $79,2642022Assets 2023: $71,653Liabilities 2023: $0Net Assets 2023: $71,6532023Assets 2024: $61,928Liabilities 2024: $0Net Assets 2024: $61,9282024Assets 2025: $46,997Liabilities 2025: $0Net Assets 2025: $46,9972025

Highlighted filing

2021

Assets$82,069
Liabilities$0
Net Assets$82,069

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2019: $117,995Expenses 2019: $55,959Net Income 2019: $62,0362019Revenue 2020: $36,458Expenses 2020: $37,500Net Income 2020: -$1,0422020Revenue 2021: $52,414Expenses 2021: $36,581Net Income 2021: $15,8332021Revenue 2022: $40,915Expenses 2022: $43,720Net Income 2022: -$2,8052022Revenue 2023: $33,361Expenses 2023: $40,972Net Income 2023: -$7,6112023Revenue 2024: $28,757Expenses 2024: $38,482Net Income 2024: -$9,7252024Revenue 2025: $17,962Expenses 2025: $32,893Net Income 2025: -$14,9312025

Highlighted filing

2021

Revenue$52,414
Expenses$36,581
Net Income$15,833
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 10, 2022
Return Version
2021v4.2
Gross Receipts
$91,260
Mission and Program Overview

Mission

The barracuda foundation is dedicated to creating equal opportunities in sport for women, minorities and adaptive sport athletes.

Program Services

DescriptionGrantsExpenses
TO PROVIDE SCHOLORSHIPS TO WOMEN, MINORITIES AND ADAPTIVE SPORT ATHLETES, TO HELP THEM OVERCOME BARRIERS IN ATHLETICS.$35,100$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PEGGY LYNN BRACKMANDirector-$0--
EMILY DAVISDirector-$0--
WILLIAM DAVISDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Charitybuzz Auction$22,102$22,102$4,940$17,162
Total Events$22,102$22,102$4,940$17,162
Filing and Contact Details

Filer

Filer Name
Barracuda Foundation Inc
EIN
82-1696027
Phone
8592190194
Address
1380 COPPER CREEK DR, LEXINGTON, KY 40514

Signing Officer

Name
Peggy Lynn Brackman
Title
President
Phone
8592190194
Signed
2022-11-10
Discuss with paid preparer
Yes

Preparer

Firm
Blue & Co LLC
Address
250 WEST MAIN STREET SUITE 2900, LEXINGTON, KY 40507
Preparer
R Allen Norvell
Phone
8592531100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: ubs dividends. Amount: 2,768.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: sophie gutermuth. Grantee relationship: none. Property description: athletic sponsorship. Date of gift: 12/31/21. Amount given: 7,500.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: andrew kurka. Grantee relationship: none. Property description: athletic sponsorship. Date of gift: 12/31/21. Amount given: 12,500.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: darryl payne jr. Grantee relationship: none. Property description: athletic sponsorship. Date of gift: 12/31/21. Amount given: 7,500.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: lisa becharas. Grantee relationship: none. Property description: athletic sponsorship. Date of gift: 12/31/21. Amount given: 7,600. Total included on form 990-ez, line 10: 35,100.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank fees. Amount: 1,081. Description: advertising. Amount: 400. Total to form 990-ez, line 16: 1,481.

Raw XML Appendix171 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
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IRS990EZ/BooksInCareOfDetail/PhoneNum08592190194
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01380 COPPER CREEK DR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LEXINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PEGGY LYNN BRACKMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1EMILY DAVIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2WILLIAM DAVIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt01481
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE BARRACUDA FOUNDATION IS DEDICATED TO CREATING EQUAL OPPORTUNITIES IN SPORT FOR WOMEN, MINORITIES AND ADAPTIVE SPORT ATHLETES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE SCHOLORSHIPS TO WOMEN, MINORITIES AND ADAPTIVE SPORT ATHLETES, TO HELP THEM OVERCOME BARRIERS IN ATHLETICS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt035100
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SaleOfAssetsGrossAmt049400
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
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IRS990EZ/SpecialEventsNetIncomeLossAmt017162
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0KY
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt036581
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt052414
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.BARRACUDAFOUNDATION.ORG
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt022102
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0192078
IRS990ScheduleG/AgrmtProfFundraisingActyInd00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt04940
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CHARITYBUZZ AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt022102
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt022102
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt022102
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IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt04940
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt04940
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: UBS DIVIDENDS. AMOUNT: 2,768.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: . GRANTEE NAME: SOPHIE GUTERMUTH. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: ATHLETIC SPONSORSHIP. DATE OF GIFT: 12/31/21. AMOUNT GIVEN: 7,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: . GRANTEE NAME: ANDREW KURKA. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: ATHLETIC SPONSORSHIP. DATE OF GIFT: 12/31/21. AMOUNT GIVEN: 12,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTIVITY CLASSIFICATION: . GRANTEE NAME: DARRYL PAYNE JR. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: ATHLETIC SPONSORSHIP. DATE OF GIFT: 12/31/21. AMOUNT GIVEN: 7,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACTIVITY CLASSIFICATION: . GRANTEE NAME: LISA BECHARAS. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: ATHLETIC SPONSORSHIP. DATE OF GIFT: 12/31/21. AMOUNT GIVEN: 7,600. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 35,100.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: BANK FEES. AMOUNT: 1,081. DESCRIPTION: ADVERTISING. AMOUNT: 400. TOTAL TO FORM 990-EZ, LINE 16: 1,481.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PEGGY LYNN BRACKMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08592190194
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BARRACUDA FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0BARR
ReturnHeader/Filer/EIN0821696027
ReturnHeader/Filer/PhoneNum08592190194
ReturnHeader/Filer/USAddress/AddressLine1Txt01380 COPPER CREEK DR
ReturnHeader/Filer/USAddress/CityNm0LEXINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040514
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351178661
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BLUE & CO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0250 WEST MAIN STREET SUITE 2900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LEXINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040507
ReturnHeader/PreparerPersonGrp/PhoneNum08592531100
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0R ALLEN NORVELL
ReturnHeader/ReturnTs02022-11-14T07:41:23-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PEGGY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LYNN BRACKMAN
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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