Civic Intelligence

Sandgaard Foundation

990PF • Fiscal year 2021 • EIN 83-1476001

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 07, 2022

Organization Profile
Foundation Source 501 Silverside RdWilmington, DE 19809-1377

(800) 839-1754

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2021 filings • <$500k nonprofits • Source year 2021

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2021 filings • <$500k nonprofits • Source year 2021

Net Margin

20th percentile

-20%

Higher net margin than 20% of similar nonprofits.

2021 filings • <$500k nonprofits • Source year 2021

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2021 filings • <$500k nonprofits • Source year 2021

Asset Growth

22nd percentile

-13%

Faster asset growth than 22% of similar nonprofits.

2021 filings • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

19th percentile

-42%

Faster revenue growth than 19% of similar nonprofits.

2021 filings • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$352,687

Down $52,076 (-13%) from 2020

Net Assets

Down

$352,687

Down $52,076 (-13%) from 2020

Liabilities

Up

$1

Up $1 from 2020

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin20th percentile

Revenue

Down

$259,748

Down $191,300 (-42%) from 2020

Expenses

Up

$311,824

Up $165,866 (+114%) from 2020

Net Income

Down

-$52,076

Down $357,166 (-117%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

$600K$400K$200K$0Assets 2019: $99,673Liabilities 2019: $0Net Assets 2019: $99,6732019Assets 2020: $404,763Liabilities 2020: $0Net Assets 2020: $404,7632020Assets 2021: $352,687Liabilities 2021: $1Net Assets 2021: $352,6872021Assets 2024: $450,126Liabilities 2024: $0Net Assets 2024: $450,1262024

Highlighted filing

2021

Assets$352,687
Liabilities$1
Net Assets$352,687
Open 2021 Filing

Operations Trend

Revenue Growth19th percentile

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

$600K$400K$200K$0-$200KRevenue 2019: $360,981Expenses 2019: $272,727Net Income 2019: $88,2542019Revenue 2020: $451,048Expenses 2020: $145,958Net Income 2020: $305,0902020Revenue 2021: $259,748Expenses 2021: $311,824Net Income 2021: -$52,0762021Revenue 2024: $8,517Expenses 2024: $9,642Net Income 2024: -$1,1252024

Highlighted filing

2021

Revenue$259,748
Expenses$311,824
Net Income-$52,076
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 7, 2022
Return Version
2021v4.2
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael CressDirector-$0--
Thomas SandgaardDir, Pres-$0--
Filing and Contact Details

Filer

Filer Name
The Sandgaard Foundation
EIN
83-1476001
In Care Of
% Foundation Source
Phone
8008391754
Address
Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377

Signing Officer

Name
Thomas Sandgaard
Title
President
Phone
8008391754
Signed
2022-11-07
Discuss with paid preparer
Yes

Preparer

Firm
Foundation Source
Address
3333 New Hyde Park Rd Ste 406, New Hyde Park, NY 11042
Preparer
Jeffrey D Haskell
Phone
8008391754
Raw XML Appendix268 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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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1Thomas Sandgaard
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IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0CO NALOXONE PROJECT-COORDINATED EFFORTS TO ENABLE HOSPITALS ADOPT A PROCESS FOR PUTTING NALOXONE IN HANDS OF PATIENTS DETERMINED BY HOSPITAL AS RISK OF OPIOID OD AFTER DISCHARGE
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IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm0Thomas Sandgaard
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm1State of Colorado - State Controlle
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt09555 Maroon Circle
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt1Dept of Human Services 1575 Sherma
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt19688
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LiquidationExplanationStmt/ExplanationTxt0As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2021, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $260,000. This amount represents 25% or more of the Foundation's net assets of $404,763 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2021. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0Administrative Fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1Bank Charges
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2Indemnification Insurance
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt06626
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt11701
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt0160
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt06626
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1160
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt21701
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt039688
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt13649
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0Philanthropic Consulting Srvcs
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt1Website Development
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt039688
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt13649
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS SANDGAARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08008391754
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Sandgaard Foundation
ReturnHeader/Filer/BusinessNameControlTxt0SAND
ReturnHeader/Filer/EIN0831476001
ReturnHeader/Filer/InCareOfNm0% Foundation Source
ReturnHeader/Filer/PhoneNum08008391754
ReturnHeader/Filer/USAddress/AddressLine1Txt0Foundation Source 501 Silverside Rd
ReturnHeader/Filer/USAddress/CityNm0Wilmington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DE
ReturnHeader/Filer/USAddress/ZIPCd0198091377
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Foundation Source
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03333 New Hyde Park Rd Ste 406
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0New Hyde Park
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011042
ReturnHeader/PreparerPersonGrp/PhoneNum08008391754
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jeffrey D Haskell
ReturnHeader/ReturnTs02022-11-11T22:04:10-06:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0THOMAS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SANDGAARD
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

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Filings

Displayed year

2021 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$352,687
Liabilities
$1
Net assets
$352,687
Revenue
$259,748
Expenses
$311,824
Net income
-$52,076
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.50$0.00$4.50$0.09$0.10$0.01
2021Detailed filing. Detailed filing data is available for this year.$3.53$0.00$3.53$2.60$3.12$0.52
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.05$0.00$4.05$4.51$1.46$3.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.00$1.00$3.61$2.73$0.88