Civic Intelligence

Salley Foundation Inc.

990 • Fiscal year 2020 • EIN 83-2065781

Mar 01, 2019 to Feb 29, 2020 • Filed on Mar 31, 2020

10915 Paso Fino DrWellington, FL 33449

(386) 299-8049

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

46th percentile

2.5%

Higher net margin than 46% 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

68th percentile

22%

Faster asset growth than 68% of similar nonprofits.

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

Revenue Growth

97th percentile

224%

Faster revenue growth than 97% of similar nonprofits.

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

Assets

Up

$8,912

Up $1,614 (+22%) from 2019

Net Assets

Up

$8,912

Up $1,614 (+22%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$64,816

Up $44,801 (+224%) from 2019

Expenses

Up

$63,202

Up $50,485 (+397%) from 2019

Net Income

Down

$1,614

Down $5,684 (-78%) from 2019

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2019: $7,298Liabilities 2019: $0Net Assets 2019: $7,2982019Assets 2020: $8,912Liabilities 2020: $0Net Assets 2020: $8,9122020Assets 2021: $9,409Liabilities 2021: $0Net Assets 2021: $9,4092021Assets 2022: $32,172Liabilities 2022: $0Net Assets 2022: $32,1722022Assets 2023: $9,503Liabilities 2023: $0Net Assets 2023: $9,5032023Assets 2024: $1,810Liabilities 2024: $0Net Assets 2024: $1,8102024

Highlighted filing

2020

Assets$8,912
Liabilities$0
Net Assets$8,912

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2019: $20,015Expenses 2019: $12,717Net Income 2019: $7,2982019Revenue 2020: $64,816Expenses 2020: $63,202Net Income 2020: $1,6142020Revenue 2021: $52,202Expenses 2021: $51,705Net Income 2021: $4972021Revenue 2022: $92,775Expenses 2022: $70,012Net Income 2022: $22,7632022Revenue 2023: $80,081Expenses 2023: $102,750Net Income 2023: -$22,6692023Revenue 2024: $65,016Expenses 2024: $72,709Net Income 2024: -$7,6932024

Highlighted filing

2020

Revenue$64,816
Expenses$63,202
Net Income$1,614
Jump To
Filing Snapshot
Filing Period
Mar 1, 2019 to Feb 29, 2020
Signed
Mar 31, 2020
Return Version
2019v5.0
Gross Receipts
$64,816
Mission and Program Overview

Mission

The salley foundation inc raises funds for youth development programs for the children in the local community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$7,298$8,912▲ $1,614
Total Assets$7,298$8,912▲ $1,614
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,298$8,912▲ $1,614
Total Net Assets Fund Balance$7,298$8,912▲ $1,614
Total Liabilities and Net Assets / Fund Balance$7,298$8,912▲ $1,614
Compensation and Service Providers

Board Members and Trustees

NameTitle
David SalleyPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$64,816
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$1,614
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$63,202
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$39,358--$39,358
Fees for Services Management$7,400$7,400-$14,800
Office Expenses$5,120--$5,120
Advertising$2,194--$2,194
Insurance$1,730--$1,730
Total Functional Expenses$55,802$7,400$0$63,202
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
No
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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Salley Foundation Inc
EIN
83-2065781
Phone
3862998049
Address
10915 PASO FINO DR, WELLINGTON, FL 33449

Signing Officer

Name
David Salley
Title
President
Phone
3862998049
Signed
2020-03-31

Organization Details

Principal Officer
David Salley
Voting Board Members
1
Independent Board Members
0
Employees
0

Preparer

Firm
3hl Accountants
Address
8461 LAKE WORTH RD, LAKE WORTH, FL 33467-2476
Preparer
Michael J Graham
Phone
5612096010
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Raised funds for baseball camp for the children in the local community.

Form 990, Part IX, Line 11G

Pbc field rental 14,956 0 0 equipment rentals 12,164 0 0 umpire assignor 3,750 0 0 affiliation fee 5,750 0 0 dave manzo field 2,438 0 0 wellington fields 300 0 0 total 39,358 0 0

Raw XML Appendix241 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/AdvertisingGrp/TotalAmt02194
IRS990/BooksInCareOfDetail/PersonNm0DAVID SALLEY
IRS990/BooksInCareOfDetail/PhoneNum03862998049
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt010915 PASO FINO DR
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IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt064816
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
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IRS990/IndoorTanningServicesInd0false
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IRS990/InsuranceGrp/TotalAmt01730
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IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LoanOutstandingInd0false
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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
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IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt07298
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IRS990/NoListedPersonsCompensatedInd0X
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IRS990/OperateHospitalInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PBC FIELD RENTAL 14,956 0 0 EQUIPMENT RENTALS 12,164 0 0 UMPIRE ASSIGNOR 3,750 0 0 AFFILIATION FEE 5,750 0 0 DAVE MANZO FIELD 2,438 0 0 WELLINGTON FIELDS 300 0 0 TOTAL 39,358 0 0
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ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID SALLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03862998049
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-03-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SALLEY FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SALL
ReturnHeader/Filer/EIN0832065781
ReturnHeader/Filer/PhoneNum03862998049
ReturnHeader/Filer/USAddress/AddressLine1Txt010915 PASO FINO DR
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08461 LAKE WORTH RD
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
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ReturnHeader/PreparerPersonGrp/PhoneNum05612096010
ReturnHeader/PreparerPersonGrp/PreparationDt02020-04-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL J GRAHAM
ReturnHeader/ReturnTs02020-04-13T14:24:26-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-03-01
ReturnHeader/TaxPeriodEndDt02020-02-29
ReturnHeader/TaxYr02019

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Filings