Civic Intelligence

Rubicam Foundation

990 • Fiscal year 2020 • EIN 83-1746423

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 14, 2021

1301 Walnut StreetPhiladelphia, PA 19107

(215) 607-3873

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

98th percentile

96%

Higher net margin than 98% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

91st percentile

142%

Faster asset growth than 91% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

22nd percentile

-49%

Faster revenue growth than 22% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$411,771

Up $241,272 (+142%) from 2019

Net Assets

Up

$411,771

Up $241,272 (+142%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$251,508

Down $246,507 (-49%) from 2019

Expenses

Down

$10,236

Down $317,280 (-97%) from 2019

Net Income

Up

$241,272

Up $70,773 (+42%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2019: $170,499Liabilities 2019: $0Net Assets 2019: $170,4992019Assets 2020: $411,771Liabilities 2020: $0Net Assets 2020: $411,7712020Assets 2021: $204,247Liabilities 2021: $0Net Assets 2021: $204,2472021Assets 2022: $425,585Liabilities 2022: $0Net Assets 2022: $425,5852022Assets 2023: $485,019Liabilities 2023: $0Net Assets 2023: $485,0192023Assets 2024: $202,113Liabilities 2024: $0Net Assets 2024: $202,1132024

Highlighted filing

2020

Assets$411,771
Liabilities$0
Net Assets$411,771

Operations Trend

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

$600K$400K$200K$0-$200K-$400KRevenue 2019: $498,015Expenses 2019: $327,516Net Income 2019: $170,4992019Revenue 2020: $251,508Expenses 2020: $10,236Net Income 2020: $241,2722020Revenue 2021: $278,447Expenses 2021: $485,935Net Income 2021: -$207,4882021Revenue 2022: $246,619Expenses 2022: $25,281Net Income 2022: $221,3382022Revenue 2023: $246,597Expenses 2023: $187,163Net Income 2023: $59,4342023Revenue 2024: $164,362Expenses 2024: $447,268Net Income 2024: -$282,9062024

Highlighted filing

2020

Revenue$251,508
Expenses$10,236
Net Income$241,272
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 14, 2021
Return Version
2020v4.1
Gross Receipts
$251,508
Mission and Program Overview

Mission

To provide support which will protect, preserve, and enhance the historic and distinctive structure of the building and property located at 1301 walnut street, philadelphia, pennsylvania 19107 (historically known as the "pierce butler house"), which shall help guard against any deterioration of the historic area in which the pierce butler house is currently situated as well as promote the general well-being and social welfare of the community surrounding the pierce butler house. The pierce butler house was entered into the philadelphia register of historic places on june 28, 1956. The east center city commercial historic district, located in the washington square neighborhood, was originally listed in the national register of historic places in 1984. The pierce butler house is cited at length as one of the most important contributing resources to this historic district and was also cited as a contributing resource in the national district nomination for the washington square west

To protect, preserve, and enhance the historic and distinctive pierce butler house.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$170,499$411,771▲ $241,272
Total Assets$170,499$411,771▲ $241,272
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$170,499$411,771▲ $241,272
Total Net Assets Fund Balance$170,499$411,771▲ $241,272
Total Liabilities and Net Assets / Fund Balance$170,499$411,771▲ $241,272
Compensation and Service Providers

Board Members and Trustees

NameTitle
Frank G CooperPresident/director
Edward J KaierVice President/director
James B StrawDirector
Neal J HowardDirector
John PickeringTreasurer/secretary/direct
Revenue and Support

Revenue Composition

Contributions and Grants
$251,482
Program Service Revenue
$0
Investment Income
$26
Other Revenue
$0
All Other Contributions
$251,482
Change in Net Assets
$241,272

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded6$78,831Fair Market Value (FMV)
Total Noncash Contributions6$78,831-

Audited Revenue Reconciliation

Revenue per Audited Statements
$251,508
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$251,508
Total Revenue per Form 990
$251,508
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,236
Total Fundraising Expense$2,586
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other-$6,650-$6,650
Office Expenses--$2,586$2,586
Other Expenses$1,000--$1,000
Total Functional Expenses$1,000$6,650$2,586$10,236

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$10,236
Total Expenses per Audited Statements$10,236
Total Expenses per Form 990$10,236
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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

Form 990, Part VI, Section A, Line 6

The philadelphia club is the sole member of the organization.

Form 990, Part VI, Section A, Line 7A

The organization's directors shall be elected by the sole member at each annual meeting of the sole member.

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

Form 990 is distributed to the governing body prior to filing.

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

In connection with any actual or possible conflict of interest, an interest person must disclose the existence of his or her financial interest and all material facts to the board of directors of the corporation or to any special committees with board-delegated powers considering the proposed transaction or arrangement. After exercising due diligence, the board or committee shall determine whether the corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably attainable under circumstances that would not give rise to a conflict of interest, the board or committee shall determine by a majority vote of the disinterested directors, whether the transaction or arrangement is in the corporation's best interest and for its own benefit and charitable, educational, and scientific purposes and whether the transaction is fair and reasonable to the corporation, and shall make its decision as to whether to enter into the transaction or arrangement in conformity with such determinations.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Rubicam Foundation
EIN
83-1746423
Phone
2156073873
Address
1301 WALNUT STREET, PHILADELPHIA, PA 19107

Signing Officer

Name
Frank G Cooper
Title
President
Phone
2156073873
Signed
2021-07-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frank G Cooper
Formed
2018
Legal Domicile
Pa
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Bbd Llp
Address
1835 MARKET STREET 3RD FLOOR, PHILADELPHIA, PA 19103
Preparer
Alicia N Kiefer
Phone
2155677770
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other fees: program service expenses 0. Management and general expenses 6,650. Fundraising expenses 0. Total expenses 6,650.

Financial Statement Notes

PART X, LINE 2:

Accounting principles require entities to evaluate, measure, recognize and disclose any uncertain income tax positions taken on their tax returns. Accounting principles prescribe a minimum threshold that a tax position is required to meet in order to be recognized in the financial statements. The organization believes that it had no uncertain tax positions.

Raw XML Appendix362 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PHILADELPHIA CLUB IS THE SOLE MEMBER OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S DIRECTORS SHALL BE ELECTED BY THE SOLE MEMBER AT EACH ANNUAL MEETING OF THE SOLE MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS DISTRIBUTED TO THE GOVERNING BODY PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTEREST PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST AND ALL MATERIAL FACTS TO THE BOARD OF DIRECTORS OF THE CORPORATION OR TO ANY SPECIAL COMMITTEES WITH BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE CORPORATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS, WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST AND FOR ITS OWN BENEFIT AND CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE CORPORATION, AND SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,650. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,650.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE PHILADELPHIA CLUB
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0230969200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(7)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MAINTAIN A CLUB FOR SOCIAL ENJOYMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01301 WALNUT STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PHILADELPHIA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd019107
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/StatesWhereCopyOfReturnIsFldCd1NJ
IRS990/StatesWhereCopyOfReturnIsFldCd2NH
IRS990/StatesWhereCopyOfReturnIsFldCd3MD
IRS990/StatesWhereCopyOfReturnIsFldCd4FL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0170499
IRS990/TotalAssetsEOYAmt0411771
IRS990/TotalAssetsGrp/BOYAmt0170499
IRS990/TotalAssetsGrp/EOYAmt0411771
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0251482
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02586
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06650
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01000
IRS990/TotalFunctionalExpensesGrp/TotalAmt010236
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0170499
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0411771
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt026
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0251508
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0170499
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0411771
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01301 WALNUT STREET
IRS990/USAddress/CityNm0PHILADELPHIA
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019107
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0FRANK G COOPER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02156073873
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-07-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE RUBICAM FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0RUBI
ReturnHeader/Filer/EIN0831746423
ReturnHeader/Filer/PhoneNum02156073873
ReturnHeader/Filer/USAddress/AddressLine1Txt01301 WALNUT STREET
ReturnHeader/Filer/USAddress/CityNm0PHILADELPHIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019107
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0232896692
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BBD LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01835 MARKET STREET 3RD FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PHILADELPHIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019103
ReturnHeader/PreparerPersonGrp/PhoneNum02155677770
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALICIA N KIEFER
ReturnHeader/ReturnTs02021-07-14T09:10:14-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0FRANK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0COOPER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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