Civic Intelligence

The Dolphin Foundation for Education and Arts Incorporated

990 • Fiscal year 2021 • EIN 83-2512307

Oct 01, 2020 to Sep 30, 2021 • Filed on Nov 15, 2021

PO Box 6410Gulf Shores, AL 36542

(251) 752-4345

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

64th percentile

20%

Higher net margin than 64% 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

72nd percentile

30%

Faster asset growth than 72% of similar nonprofits.

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

Revenue Growth

92nd percentile

186%

Faster revenue growth than 92% of similar nonprofits.

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

Assets

Up

$144,489

Up $33,585 (+30%) from 2020

Net Assets

Up

$144,489

Up $33,585 (+30%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$169,474

Up $110,318 (+186%) from 2020

Expenses

Up

$135,889

Up $99,615 (+275%) from 2020

Net Income

Up

$33,585

Up $10,703 (+47%) from 2020

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2020: $110,904Liabilities 2020: $0Net Assets 2020: $110,9042020Assets 2021: $144,489Liabilities 2021: $0Net Assets 2021: $144,4892021Assets 2022: $153,160Liabilities 2022: $0Net Assets 2022: $153,1602022Assets 2023: $83,708Liabilities 2023: $0Net Assets 2023: $83,7082023Assets 2024: $123,722Liabilities 2024: $0Net Assets 2024: $123,7222024Assets 2025: $101,121Liabilities 2025: $0Net Assets 2025: $101,1212025

Highlighted filing

2021

Assets$144,489
Liabilities$0
Net Assets$144,489

Operations Trend

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

$200K$100K$0-$100KRevenue 2020: $59,156Expenses 2020: $36,274Net Income 2020: $22,8822020Revenue 2021: $169,474Expenses 2021: $135,889Net Income 2021: $33,5852021Revenue 2022: $96,669Expenses 2022: $87,998Net Income 2022: $8,6712022Revenue 2023: $115,160Expenses 2023: $184,612Net Income 2023: -$69,4522023Revenue 2024: $145,465Expenses 2024: $105,451Net Income 2024: $40,0142024Revenue 2025: $65,750Expenses 2025: $88,351Net Income 2025: -$22,6012025

Highlighted filing

2021

Revenue$169,474
Expenses$135,889
Net Income$33,585
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$199,175
Mission and Program Overview

Mission

The corporation is established within the meaning of the irs publication 557 section 501(c)(3) organization of the internal revenue code of 1986, as amended (the "code") or the corresponding section of any future tax code and shall be operated exclusively for the support and enhancement of opportunities for the students, teachers & parents of the gulf shores city schools as well as the city of gulf shores, alabama. In addition, this corporation has been formed for the purpose of performing all things incidental to, or appropriate in, the foregoing specific and primary purposes. However, the corporation shall not, except to an insubstantial degree, engage in any activity or the exercise of any powers which are not in furtherance of its primary non-profit purposes. The corporation shall hold and may exercise all such powers as may be conferred upon any nonprofit organization by the laws of the state of alabama and as may be necessary or expedient for the administration of the affairs and

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$65,533$78,800▲ $13,267
Cash and Non-Interest-Bearing Accounts$45,371$65,689▲ $20,318
Total Assets$110,904$144,489▲ $33,585
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$110,904$144,489▲ $33,585
Total Net Assets Fund Balance$110,904$144,489▲ $33,585
Total Liabilities and Net Assets / Fund Balance$110,904$144,489▲ $33,585
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jason StephensonPresident
Frank MaloneSecretary
Doug SizemoreTreasurer
Gary GilpinVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$162,051
Program Service Revenue
$0
Investment Income
$120
Other Revenue
$7,303
All Other Contributions
$162,051
Change in Net Assets
$33,585
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$129,785
Other Expenses$6,104
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$129,785--$129,785
Fees for Services Accounting-$3,500-$3,500
Office Expenses-$2,604-$2,604
Total Functional Expenses$129,785$6,104$0$135,889
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
School Grants---$129,785
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$37,004
Fundraising Direct Expenses$29,701
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Zoonami$37,004$37,004$29,701$7,303
Total Events$37,004$37,004$29,701$7,303
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
Backup withholding compliance
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
Dolphin Foundation for Education
EIN
83-2512307
Address
PO BOX 6410, GULF SHORES, AL 36542

Signing Officer

Name
Doug Sizemore
Title
Treasurer
Signed
2021-11-15

Organization Details

Principal Officer
Jason Stephenson
Formed
2019
Voting Board Members
11
Independent Board Members
11
Employees
0

Preparer

Firm
Grant Sanders & Taylor Pc
Address
PO BOX 2109, GULF SHORES, AL 36547-2109
Preparer
Matthew R Taylor
Phone
2519682727
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The corporation is established within the meaning of the irs publication 557 section 501(c)(3) organization of the internal revenue code of 1986, as amended (the "code") or the corresponding section of any future tax code and shall be operated exclusively for the support and enhancement of opportunities for the students, teachers & parents of the gulf shores city schools as well as the city of gulf shores, alabama. In addition, this corporation has been formed for the purpose of performing all things incidental to, or appropriate in, the foregoing specific and primary purposes. However, the corporation shall not, except to an insubstantial degree, engage in any activity or the exercise of any powers which are not in furtherance of its primary non-profit purposes. The corporation shall hold and may exercise all such powers as may be conferred upon any nonprofit organization by the laws of the state of alabama and as may be necessary or expedient for the administration of the affairs and attainment of the purposes of the corporation. At no time and in no event shall the corporation/organization participate in any activities which have not been permitted to be carried out by a corporation exempt under 501(c)(3) of the internal revenue code of 1986 (the "code").

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

The oganization sponsors out of the classroom learning opportunities. Two programs sponsored during 2019-2020 were teh eco tourism program and the spanish emersion program. The programs were weeklong camp put on during the summer of 2020.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS ESTABLISHED WITHIN THE MEANING OF THE IRS PUBLICATION 557 SECTION 501(C)(3) ORGANIZATION OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE") OR THE CORRESPONDING SECTION OF ANY FUTURE TAX CODE AND SHALL BE OPERATED EXCLUSIVELY FOR THE SUPPORT AND ENHANCEMENT OF OPPORTUNITIES FOR THE STUDENTS, TEACHERS & PARENTS OF THE GULF SHORES CITY SCHOOLS AS WELL AS THE CITY OF GULF SHORES, ALABAMA. IN ADDITION, THIS CORPORATION HAS BEEN FORMED FOR THE PURPOSE OF PERFORMING ALL THINGS INCIDENTAL TO, OR APPROPRIATE IN, THE FOREGOING SPECIFIC AND PRIMARY PURPOSES. HOWEVER, THE CORPORATION SHALL NOT, EXCEPT TO AN INSUBSTANTIAL DEGREE, ENGAGE IN ANY ACTIVITY OR THE EXERCISE OF ANY POWERS WHICH ARE NOT IN FURTHERANCE OF ITS PRIMARY NON-PROFIT PURPOSES. THE CORPORATION SHALL HOLD AND MAY EXERCISE ALL SUCH POWERS AS MAY BE CONFERRED UPON ANY NONPROFIT ORGANIZATION BY THE LAWS OF THE STATE OF ALABAMA AND AS MAY BE NECESSARY OR EXPEDIENT FOR THE ADMINISTRATION OF THE AFFAIRS AND ATTAINMENT OF THE PURPOSES OF THE CORPORATION. AT NO TIME AND IN NO EVENT SHALL THE CORPORATION/ORGANIZATION PARTICIPATE IN ANY ACTIVITIES WHICH HAVE NOT BEEN PERMITTED TO BE CARRIED OUT BY A CORPORATION EXEMPT UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 (THE "CODE").
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE OGANIZATION SPONSORS OUT OF THE CLASSROOM LEARNING OPPORTUNITIES. TWO PROGRAMS SPONSORED DURING 2019-2020 WERE TEH ECO TOURISM PROGRAM AND THE SPANISH EMERSION PROGRAM. THE PROGRAMS WERE WEEKLONG CAMP PUT ON DURING THE SUMMER OF 2020.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0110904
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0144489
IRS990/TotalOtherProgSrvcExpenseAmt0129785
IRS990/TotalOtherProgSrvcGrantAmt0129785
IRS990/TotalProgramServiceExpensesAmt0129785
IRS990/TotalRevenueGrp/ExclusionAmt07303
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0120
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0169474
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0110904
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0144489
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0PO BOX 6410
IRS990/USAddress/CityNm0GULF SHORES
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd036547
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DOUG SIZEMORE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DOLPHIN FOUNDATION FOR EDUCATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0& ARTS INC
ReturnHeader/Filer/BusinessNameControlTxt0DOLP
ReturnHeader/Filer/EIN0832512307
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 6410
ReturnHeader/Filer/USAddress/CityNm0GULF SHORES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd036542
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0631194872
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GRANT SANDERS & TAYLOR PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 2109
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GULF SHORES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0365472109
ReturnHeader/PreparerPersonGrp/PhoneNum02519682727
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATTHEW R TAYLOR
ReturnHeader/ReturnTs02022-11-30T16:20:49-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DOUG
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SIZEMORE
ReturnHeader/TaxPeriodBeginDt02020-10-01
ReturnHeader/TaxPeriodEndDt02021-09-30
ReturnHeader/TaxYr02020

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Peer Organizations

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