Civic Intelligence

Sac Foundation

990PF • Fiscal year 2019 • EIN 83-2535295

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 15, 2020

901 Tchoupitoulas StreetNew Orleans, LA 70130

(504) 525-6101

Siviq Scores

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

Liabilities / Assets

29th percentile

0.00x

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

2019 filings • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

29th percentile

0.00x

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

2019 filings • $1M-$5M nonprofits • Source year 2019

Net Margin

98th percentile

93%

Higher net margin than 98% of similar nonprofits.

2019 filings • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

43rd percentile

$0

Higher top officer pay than 43% of similar nonprofits.

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

2019 filings • $1M-$5M nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

$1,060,211

No earlier filing loaded for comparison.

Net Assets

$1,060,211

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$323,551

No earlier filing loaded for comparison.

Expenses

$21,104

No earlier filing loaded for comparison.

Net Income

$302,447

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2019: $1,060,211Liabilities 2019: $0Net Assets 2019: $1,060,2112019Assets 2020: $1,322,629Liabilities 2020: $0Net Assets 2020: $1,322,6292020Assets 2021: $1,947,666Liabilities 2021: $0Net Assets 2021: $1,947,6662021Assets 2022: $1,870,860Liabilities 2022: $0Net Assets 2022: $1,870,8602022Assets 2023: $1,834,453Liabilities 2023: $0Net Assets 2023: $1,834,4532023Assets 2024: $1,785,921Liabilities 2024: $0Net Assets 2024: $1,785,9212024

Highlighted filing

2019

Assets$1,060,211
Liabilities$0
Net Assets$1,060,211

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2019: $323,551Expenses 2019: $21,104Net Income 2019: $302,4472019Revenue 2020: $323,976Expenses 2020: $61,558Net Income 2020: $262,4182020Revenue 2021: $728,385Expenses 2021: $103,348Net Income 2021: $625,0372021Revenue 2022: $41,493Expenses 2022: $118,299Net Income 2022: -$76,8062022Revenue 2023: $97,485Expenses 2023: $133,892Net Income 2023: -$36,4072023Revenue 2024: $115,887Expenses 2024: $164,419Net Income 2024: -$48,5322024

Highlighted filing

2019

Revenue$323,551
Expenses$21,104
Net Income$302,447
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 15, 2020
Return Version
2019v5.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICHARD M CAHNPresident/Secretary-$0--
VIVIAN CAHNVice-President-$0--
DAVID J CAHNDirector-$0--
Filing and Contact Details

Filer

Filer Name
Sac Foundation
EIN
83-2535295
Phone
5045256101
Address
901 TCHOUPITOULAS STREET, NEW ORLEANS, LA 70130

Signing Officer

Name
Richard M Cahn
Title
President
Phone
5045256101
Signed
2020-06-15
Discuss with paid preparer
No

Preparer

Firm
Kushner Lagraize LLC
Address
3330 WEST ESPLANADE AVENUE STE 100, METAIRIE, LA 70002
Preparer
S David Kushner
Phone
5048389991
Raw XML AppendixShowing 400 of 408 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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GeneralExplanationAttachment/GeneralExplanationGrp/FormAndLineReferenceDesc0PART I LINE 4
GeneralExplanationAttachment/GeneralExplanationGrp/IdentifierTxt0BOND PREMIUM ELECTION
GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt0ELECTION TO AMORTIZE BOND PREMIUMSAC FOUNDATION HEREBY ELECTS, PURSANT TO IRC SEC. 171(C) TO AMORTIZE BOND PREMIUM DURING THE TAXABLE YEAR AND FOR ALL SUBSEQUENT TAXABLE YEARS. THE FIRST TAXABLE YEAR TO WHICH THIS ELECTION APPLIES IS THE TAXPAYER'S CALENDAR YEAR ENDING DECEMBER 31, 2019. BOND PREMIUM AMORTIZATION IN THE AMOUNT OF $-1,565 WILL BE USED TO OFFSET BOND INTEREST INCOME DURING SUCH TAXABLE YEAR.
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IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt715229
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IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt1024867
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IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt1218122
IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt1310302
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IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt159997
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IRS990ScheduleB/NonCashPropertyContributionGrp/NoncashPropertyDesc1558 SHARES OF PIONEER NATURAL RESOURCES CO
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IRS990ScheduleB/NonCashPropertyContributionGrp/ReceivedDt12019-04-24
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