Civic Intelligence

The Carol Emmott Foundation

990 • Fiscal year 2020 • EIN 84-1882898

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 15, 2021

4931 SW 76th Ave Ste 229Portland, OR 97225

(503) 544-6147

Siviq Scores

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

Liabilities / Assets

76th percentile

0.40x

Higher debt load relative to assets than 76% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

70th percentile

0.32x

Higher debt load relative to revenue than 70% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

87th percentile

42%

Higher net margin than 87% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

82nd percentile

$142,165

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

98th percentile

355%

Faster asset growth than 98% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

99th percentile

659%

Faster revenue growth than 99% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,578,578

Up $1,231,273 (+355%) from 2019

Net Assets

Up

$951,684

Up $820,929 (+628%) from 2019

Liabilities

Up

$626,894

Up $410,344 (+189%) from 2019

Revenue

Up

$1,947,904

Up $1,691,104 (+659%) from 2019

Expenses

Up

$1,126,976

Up $1,000,931 (+794%) from 2019

Net Income

Up

$820,928

Up $690,173 (+528%) from 2019

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2019: $347,305Liabilities 2019: $216,550Net Assets 2019: $130,7552019Assets 2020: $1,578,578Liabilities 2020: $626,894Net Assets 2020: $951,6842020Assets 2021: $2,241,132Liabilities 2021: $725,540Net Assets 2021: $1,515,5922021Assets 2022: $2,219,060Liabilities 2022: $841,736Net Assets 2022: $1,377,3242022Assets 2023: $2,278,512Liabilities 2023: $1,002,430Net Assets 2023: $1,276,0822023Assets 2024: $2,606,309Liabilities 2024: $1,076,480Net Assets 2024: $1,529,8292024

Highlighted filing

2020

Assets$1,578,578
Liabilities$626,894
Net Assets$951,684

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2019: $256,800Expenses 2019: $126,045Net Income 2019: $130,7552019Revenue 2020: $1,947,904Expenses 2020: $1,126,976Net Income 2020: $820,9282020Revenue 2021: $1,767,775Expenses 2021: $1,203,867Net Income 2021: $563,9082021Revenue 2022: $1,379,437Expenses 2022: $1,352,223Net Income 2022: $27,2142022Revenue 2023: $1,416,979Expenses 2023: $1,519,927Net Income 2023: -$102,9482023Revenue 2024: $1,833,695Expenses 2024: $1,582,850Net Income 2024: $250,8452024

Highlighted filing

2020

Revenue$1,947,904
Expenses$1,126,976
Net Income$820,928
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 15, 2021
Return Version
2020v4.1
Gross Receipts
$1,947,904
Mission and Program Overview

Mission

The mission of the carol emmott foundation is to transform health by accelerating the advancement and impact of women leaders and the achievement of gender equity and fully inclusive leadership and governance in our healthcare institutions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$309,887$1,455,794▲ $1,145,907
Accounts Receivable-$84,595-
Prepaid Expenses and Deferred Charges$37,419$31,799▼ $5,620
Total Assets$347,306$1,578,578▲ $1,231,272
Other Assets Total-$6,390-
Liabilities
Deferred Revenue$205,000$542,500▲ $337,500
Accounts Payable and Accrued Expenses$11,550$81,491▲ $69,941
Other Liabilities-$2,903-
Total Liabilities$216,550$626,894▲ $410,344
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$130,756$619,637▲ $488,881
Net Assets With Donor Restrictions-$332,047-
Total Net Assets Fund Balance$130,756$951,684▲ $820,928
Total Liabilities and Net Assets / Fund Balance$347,306$1,578,578▲ $1,231,272
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Anne MccuneCEOPT$142,165$142,165
Gayle CapozzaloBoard MemberPT$131,145$131,145
Barbara Anderman MaBoard MemberPT$31,200$31,200

Board Members and Trustees

NameTitle
David Blumenthal Md MppBoard Chair
Betsy WrightBoard Member
Joanne Conroy MdBoard Member
Kathryn JohnsonBoard Member
Kevin FickenscherBoard Member
Martha LauderdaleBoard Member
Mary Pittman DrphBoard Member
Odette Bolano Bsn MhaBoard Member
Parker EmmottBoard Member
Sharon OkeefeBoard Member
Sue TurneyBoard Member
Todd SuntrapakBoard Member
Dave AndersonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Anne Mccune LLCCEO services-$142,165
Jgf Strategies LLCTEC Prog mgt svcs-$131,145
Felisa M Schneider Consulting LLCOptns & Fellowship-$128,000
Revenue and Support

Revenue Composition

Contributions and Grants
$1,947,904
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$802,904
Change in Net Assets
$820,928
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,006,976
Grants and Similar Amounts Paid$120,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$596,112$169,710-$765,822
Grants to Domestic Individuals$120,000--$120,000
Conferences and Meetings$94,050$1,111-$95,161
Information Technology$26,896$3,136-$30,032
Fees for Services Other$21,370$8,184-$29,554
Fees for Services Accounting-$26,889-$26,889
Travel$17,979$4,301-$22,280
Other Expenses$21,100$493-$21,593
Insurance-$2,583-$2,583
Total Functional Expenses$910,221$216,755$0$1,126,976
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Anne MccuneCEOCEO ServicesNo$142,165
Gayle CapozzaloBoard MemberOperations & Program Mgmt SvcsNo$131,145
Barbara AndermanBoard MemberLeadership Council Chair Ex-officio ServicesNo$31,200
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Accrued Expenses$2,903
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

Board member parker emmott is the son of carol emmott and the nephew of betsy wright. Board member betsy wright is the sister of carol emmott and the aunt of parker emmott.

Management duties delegation Part VI line 3

The organization hired a ceo who performs her services through an llc.

Form 990 governing body review Part VI line 11

Form 990 is reviewed by the organizations treasurer and ceo.

Conflict of interest policy compliance Part VI line 12C

Board members are expected to contemporaneously disclose any conflict of interest, or potential conflict of interest.

CEO executive director top management comp Part VI line 15A

The board of directors reviews and approves in advance the compensation of the ceo and board members, who are treated as independent contractors and not as employees.

Other officer or key employee compensation Part VI line 15B

The board of directors reviews and approves in advance the compensation of other officers or key employees, who are treated as independent contractors and not as employees.

Governing documents etc available to public Part VI line 19

Governing documents are available on written request.

Filing and Contact Details

Filer

Filer Name
The Carol Emmott Foundation
EIN
84-1882898
Address
4931 SW 76TH AVE STE 229, Portland, OR 97225

Signing Officer

Name
Anne Mccune
Title
CEO
Phone
5035446147
Signed
2021-09-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anne Mccune
Formed
2019
Legal Domicile
CA
Voting Board Members
15
Independent Board Members
12
Employees
0
Volunteers
30

Preparer

Firm
Nonprofit Suite
Address
510 3rd Street Suite 200, Oakland, CA 94607
Preparer
Annette J Cook
Phone
2027706371
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IRS990/MissionDesc0THE MISSION OF THE CAROL EMMOTT FOUNDATION IS TO TRANSFORM HEALTH BY ACCELERATING THE ADVANCEMENT AND IMPACT OF WOMEN LEADERS AND THE ACHIEVEMENT OF GENDER EQUITY AND FULLY INCLUSIVE LEADERSHIP AND GOVERNANCE IN OUR HEALTHCARE INSTITUTIONS.
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IRS990/OtherExpensesGrp/Desc0BANK FEES
IRS990/OtherExpensesGrp/Desc1PRINTING & POSTAGE
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSES
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IRS990/PrincipalOfficerNm0ANNE MCCUNE
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IRS990/ProgSrvcAccomActy2Grp/Desc0The Equity Collaborative, a shared learning community of large health systems across the nation focused on creating fully inclusive gender equity in healthcare leadership, consisted of 14 member institutions which met multiple times in person and virtually in 2020 to discuss and agree upon baseline metrics and how to address systemic bias in organization policies. The focus in 2020 was on developing and sharing best HR policy practices as well as implementing individual sponsorship in the higher levels of the organizations.
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0As a part of the Fellowship program each fellow receives 5000
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0ANNE MCCUNE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1GAYLE CAPOZZALO
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm2BARBARA ANDERMAN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0CEO
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2BOARD MEMBER
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0CEO SERVICES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1OPERATIONS & PROGRAM MGMT SVCS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2LEADERSHIP COUNCIL CHAIR EX-OFFICIO SERVICES
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBER PARKER EMMOTT IS THE SON OF CAROL EMMOTT AND THE NEPHEW OF BETSY WRIGHT. BOARD MEMBER BETSY WRIGHT IS THE SISTER OF CAROL EMMOTT AND THE AUNT OF PARKER EMMOTT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HIRED A CEO WHO PERFORMS HER SERVICES THROUGH AN LLC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS REVIEWED BY THE ORGANIZATIONS TREASURER AND CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS ARE EXPECTED TO CONTEMPORANEOUSLY DISCLOSE ANY CONFLICT OF INTEREST, OR POTENTIAL CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS REVIEWS AND APPROVES IN ADVANCE THE COMPENSATION OF THE CEO AND BOARD MEMBERS, WHO ARE TREATED AS INDEPENDENT CONTRACTORS AND NOT AS EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS REVIEWS AND APPROVES IN ADVANCE THE COMPENSATION OF OTHER OFFICERS OR KEY EMPLOYEES, WHO ARE TREATED AS INDEPENDENT CONTRACTORS AND NOT AS EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS ARE AVAILABLE ON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Management duties delegation Part VI line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Governing documents etc available to public Part VI line 19
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