Civic Intelligence

The Retired Enlisted Association Memorial Foundation

990 • Fiscal year 2014 • EIN 84-1149039

Jan 01, 2014 to Dec 31, 2014 • Filed on May 15, 2015

1111 S Abilene CourtAurora, CO 80012

(303) 752-0660

Siviq Scores

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

Liabilities / Assets

86th percentile

0.72x

Higher debt load relative to assets than 86% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

61st percentile

0.19x

Higher debt load relative to revenue than 61% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

58th percentile

5.6%

Higher net margin than 58% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

10th percentile

-12%

Faster asset growth than 10% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

14th percentile

-20%

Faster revenue growth than 14% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$718,830

Down $101,677 (-12%) from 2013

Net Assets

Up

$197,874

Up $153,920 (+350%) from 2013

Liabilities

Down

$520,956

Down $255,597 (-33%) from 2013

Revenue

Down

$2,762,713

Down $678,060 (-20%) from 2013

Expenses

Down

$2,608,793

Down $1,087,506 (-29%) from 2013

Net Income

Up

$153,920

Up $409,446 (+160%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $826,988Liabilities 2010: $824,101Net Assets 2010: $2,8872010Assets 2011: $769,348Liabilities 2011: $425,937Net Assets 2011: $343,4112011Assets 2012: $651,153Liabilities 2012: $371,850Net Assets 2012: $279,3032012Assets 2013: $820,507Liabilities 2013: $776,553Net Assets 2013: $43,9542013Assets 2014: $718,830Liabilities 2014: $520,956Net Assets 2014: $197,8742014Assets 2015: $1,122,496Liabilities 2015: $406,049Net Assets 2015: $716,4472015Assets 2016: $978,379Liabilities 2016: $429,685Net Assets 2016: $548,6942016Assets 2017: $913,490Liabilities 2017: $61,968Net Assets 2017: $851,5222017Assets 2018: $573,057Liabilities 2018: $98,424Net Assets 2018: $474,6332018Assets 2019: $8,155Liabilities 2019: $0Net Assets 2019: $8,1552019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2014

Assets$718,830
Liabilities$520,956
Net Assets$197,874

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $3,710,2652010Expenses 2011: $2,860,2312011Expenses 2012: $2,815,7322012Revenue 2013: $3,440,773Expenses 2013: $3,696,299Net Income 2013: -$255,5262013Revenue 2014: $2,762,713Expenses 2014: $2,608,793Net Income 2014: $153,9202014Revenue 2015: $3,499,813Expenses 2015: $2,981,240Net Income 2015: $518,5732015Revenue 2016: $2,541,211Expenses 2016: $2,719,662Net Income 2016: -$178,4512016Revenue 2017: $1,489,059Expenses 2017: $1,193,237Net Income 2017: $295,8222017Revenue 2018: $80,831Expenses 2018: $520,144Net Income 2018: -$439,3132018Revenue 2019: $16,405Expenses 2019: $491,298Net Income 2019: -$474,8932019Revenue 2020: $0Expenses 2020: $8,155Net Income 2020: -$8,1552020

Highlighted filing

2014

Revenue$2,762,713
Expenses$2,608,793
Net Income$153,920
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 15, 2015
Return Version
2014v5.0
Gross Receipts
$2,762,713
Mission and Program Overview

Mission

To assist fellow veterans and their families in fortune and distress, in every proper and legitimate manner; and to represent them when matters affecting their rights and interests are under evaluation.

To assist fellow veterans and their families in fortune and distress, in every proper and legitimate manner, and to represent them when matters affecting their rights and interests are under evaluation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$395,400$467,097▲ $71,697
Investments in Publicly Traded Securities$157,597$157,606▲ $9
Accounts Receivable$111,373$79,042▼ $32,331
Investments Other Securities$66,626$0▼ $66,626
Prepaid Expenses and Deferred Charges$89,511$15,085▼ $74,426
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$820,507$718,830▼ $101,677
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$758,053$508,456▼ $249,597
Other Liabilities$18,500$12,500▼ $6,000
Total Liabilities$776,553$520,956▼ $255,597
Net Assets / Fund Balance
Unrestricted Net Assets$35,044$197,874▲ $162,830
Temporarily Rstr Net Assets$8,910--
Total Net Assets Fund Balance$43,954$197,874▲ $153,920
Total Liabilities and Net Assets / Fund Balance$820,507$718,830▼ $101,677
Compensation and Service Providers

Board Members and Trustees

NameTitle
William DeboerChairman
Joseph Tabacheck JrVice Chairman
Mel YellTrustee
Roger TackittTrustee
Thomas LiebaertTrustee
Thelma HairstonSecretary
John MartinezTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Production Management GroupPrinting/prod.6940 COLUMBIA GATEWAY DRIVE, Columbia, MD 21046$919,029
Jeremy Squires & AssociatesDirect Mail Program39 GARRETT ST, Warrenton, VA 20186$359,278
Edgemark PartnersPrinting/prod.4510 COX RD, Glen Allen, VA 23060$83,140
Revenue and Support

Revenue Composition

Contributions and Grants
$2,646,627
Program Service Revenue
$0
Investment Income
$5,612
Other Revenue
$110,474
All Other Contributions
$2,646,627
Change in Net Assets
$153,920

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,762,713
Total Revenue per Audited Statements
$2,762,713
Total Revenue per Form 990
$2,762,713
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,446,934
Total Fundraising Expense$446,933
Grants and Similar Amounts Paid$97,189
Professional Fundraising Fees$64,670
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$149,217$13,081$35,341$197,639
Grants to Domestic Individuals$97,189--$97,189
Other Expenses$66,877$5,280$15,839$87,996
Fees for Services Professional Fundraising--$64,670$64,670
Fees for Services Accounting$12,471$40,574$2,954$55,999
Fees for Services Other-$15,807$9,075$24,882
Travel-$11,610-$11,610
Office Expenses$2,528$420$599$3,547
Advertising-$825-$825
Occupancy-$634-$634
Total Functional Expenses$1,912,013$145,857$437,569$2,495,439

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,608,793
Total Expenses per Audited Statements$2,608,793
Total Expenses per Form 990$2,608,793
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$64,670
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Scholarship Payable$12,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The 990 is reviewed by the organization's dfo and staff accountant, line by line. The returns are then available to the board of trustees for review.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All officers, employees, agents, consultants of the organization are required to adhere to the bylaws and standing rules, which include conflict of interest policy.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The governing documents and conflict of interest policy are available on the website. The audited financial statements are included in the annual report that is published in the organization's magazine, the voice.

Filing and Contact Details

Filer

Filer Name
Trea Memorial Foundation
EIN
84-1149039
Phone
3037520660
Address
1111 S ABILENE COURT, AURORA, CO 80012

Signing Officer

Name
Tammy Clowers
Title
Director for Operations
Signed
2015-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tammy Clowers
Formed
1990
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Dunham Aukamp & Rhodes Plc
Address
4437 Brookfield Corporate Dr Suite, CHANTILLY, VA 20151
Preparer
Michael D Aukamp CPA
Phone
7036318940
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

As of December 31, 2014, TREA Memorial Foundation has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. The tax years subject to examination by the taxing authorities are the years ended June 30, 2011 through 2013.

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IRS990/OtherExpensesGrp/FundraisingAmt1142747
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt147582
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt221557
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0As of December 31, 2014, TREA Memorial Foundation has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. The tax years subject to examination by the taxing authorities are the years ended June 30, 2011 through 2013.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt039 GARRETT ST
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