Civic Intelligence

Fanatics All in Foundation

990 • Fiscal year 2021 • EIN 85-0636682

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

8100 Nations WayJacksonville, FL 32256

(904) 421-8143

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.99x

Higher debt load relative to assets than 93% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

97th percentile

12.41x

Higher debt load relative to revenue than 97% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

82nd percentile

42%

Higher net margin than 82% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

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

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

2nd percentile

-30%

Faster asset growth than 2% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

1st percentile

-98%

Faster revenue growth than 1% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Down

$12,639,342

Down $5,456,769 (-30%) from 2020

Net Assets

Up

$85,265

Up $421,139 (+125%) from 2020

Liabilities

Down

$12,554,077

Down $5,877,908 (-32%) from 2020

Revenue

Down

$1,011,496

Down $51,377,790 (-98%) from 2020

Expenses

Down

$590,357

Down $52,134,803 (-99%) from 2020

Net Income

Up

$421,139

Up $757,013 (+225%) from 2020

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2020: $18,096,111Liabilities 2020: $18,431,985Net Assets 2020: -$335,8742020Assets 2021: $12,639,342Liabilities 2021: $12,554,077Net Assets 2021: $85,2652021Assets 2022: $6,826,247Liabilities 2022: $6,715,965Net Assets 2022: $110,2822022Assets 2023: $2,617,214Liabilities 2023: $2,326,706Net Assets 2023: $290,5082023Assets 2024: $1,554,790Liabilities 2024: $1,133,754Net Assets 2024: $421,0362024

Highlighted filing

2021

Assets$12,639,342
Liabilities$12,554,077
Net Assets$85,265

Operations Trend

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

$60M$40M$20M$0-$20MRevenue 2020: $52,389,286Expenses 2020: $52,725,160Net Income 2020: -$335,8742020Revenue 2021: $1,011,496Expenses 2021: $590,357Net Income 2021: $421,1392021Revenue 2022: $1,392,858Expenses 2022: $1,367,841Net Income 2022: $25,0172022Revenue 2023: $1,404,435Expenses 2023: $1,224,209Net Income 2023: $180,2262023Revenue 2024: $932,476Expenses 2024: $801,948Net Income 2024: $130,5282024

Highlighted filing

2021

Revenue$1,011,496
Expenses$590,357
Net Income$421,139
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$1,011,496
Mission and Program Overview

Mission

Our mission is to create positive & lasting change across the communities in which we all live & work through a commitment of time & strategic philanthropic initiatives such as the all-in challenge campaign, focused on fighting hunger during covid-19.

Our mission is to create positive and lasting change across the communities in which we all live & work through a commitment of time & strategic philanthropic initiatives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$15,603,478$10,976,110▼ $4,627,368
Prepaid Expenses and Deferred Charges$771,234$1,056,921▲ $285,687
Cash and Non-Interest-Bearing Accounts$1,721,399$606,311▼ $1,115,088
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$18,096,111$12,639,342▼ $5,456,769
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$15,748,135$10,976,110▼ $4,772,025
Deferred Revenue$2,312,644$1,534,670▼ $777,974
Accounts Payable and Accrued Expenses$371,206$43,297▼ $327,909
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$18,431,985$12,554,077▼ $5,877,908
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-335,874$85,265▲ $421,139
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$-335,874$85,265▲ $421,139
Total Liabilities and Net Assets / Fund Balance$18,096,111$12,639,342▼ $5,456,769
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robin ElettoVice President
Doug MackDirector
Saj CherianDirector
Grace FarrajExecutive Director
Caren YeamansSecretary
Michener ChandleeTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Million Dollar Mediaevent planning1460 Route 9 North Suite 201, Woodbridge, NJ 07095$536,200
Revenue and Support

Revenue Composition

Contributions and Grants
$1,011,496
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,011,496
Change in Net Assets
$421,139

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,011,496
Revenue Not Reported on Form 990
$140,000
Total Revenue per Audited Statements
$1,151,496
Total Revenue per Form 990
$1,011,496
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$590,357
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-$536,200-$536,200
Fees for Services Accounting-$18,642-$18,642
Office Expenses$5,174$9,873-$15,047
Insurance-$10,488-$10,488
Other Expenses$9,980--$9,980
Total Functional Expenses$15,154$575,203$0$590,357

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$730,357
Expenses per Audited Statements$590,357
Total Expenses per Form 990$590,357
Expenses Not Reported on Form 990$140,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Auction Winners$10,976,110
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

FORM 990, PART VI, LINE 2:

All board members have a business relationship.

FORM 990, PART VI, LINE 3:

All in challenge foundation, inc. Entered into a service and facilities agreement with fanatics, inc. (fanatics), an affiliated organization. This agreement remains in place until terminated by either party. Based on this agreement, fanatics agrees to provide the foundation with administrative services and facilities, funds administration, management services, and use of intellectual property licenses. In all instances, these services are cost free to the foundation.

FORM 990, PART VI, SECTION B, LINE 11B:

Form 990 is prepared by a nationally recognized accounting firm in conjunction with the organization's financial department. Draft form 990 is reviewed by the organization's treasurer and executive director, then provided to all members of the board of directors in draft via email, with an opportunity for them to comment or make inquiry before it is approved and filed with the irs.

FORM 990, PART VI, SECTION B, LINE 12C:

The foundation requires each board member to execute a conflict of interest questionnaire annually. Prior to entering into a transaction which may involve a conflict, such transaction, and the relevant conflict, are presented to the foundation board to determine whether such transaction is fair, reasonable, and in the best interests of the foundation.

FORM 990, PART VI, LINE 19:

Upon request, the organization will make available only those documents required to be disclosed under the public inspection laws.

Filing and Contact Details

Filer

Filer Name
All In Challenge Foundation
EIN
85-0636682
In Care Of
% MICHENER CHANDLEE
Phone
9044218143
Address
8100 Nations Way, Jacksonville, FL 32256

Signing Officer

Name
Michener Chandlee
Title
Treasurer
Phone
9044218143
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michener Chandlee
Formed
2020
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
25

Preparer

Firm
Bdo USA Llp
Address
100 PARK AVENUE, NEW YORK, NY 10017-5001
Preparer
Kristin Ruffini
Phone
2128858000
Supplemental Narrative

Additional Explanations

Form 990 Part IX Line 11G

Description:event planning total fees:536200

Financial Statement Notes

Part X, Line 2

THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC AND FROM STATE INCOME TAXES UNDER SIMILAR PROVISIONS OF THE FLORIDA statutes. AS SUCH, THE FOUNDATION HAS MADE NO PROVISION FOR INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS AS THE FOUNDATION HAD NO SIGNIFICANT NET UNRELATED BUSINESS INCOME. THE FOUNDATION EVALUATES ITS TAX POSITIONS FOR ANY UNCERTAINTIES BASED ON THE TECHNICAL MERITS OF THE POSITIONS TAKEN. THE FOUNDATION RECOGNIZES THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE UPHELD ON EXAMINATION BY THE TAXING AUTHORITIES. MANAGEMENT IS REQUIRED TO ANALYZE ALL OPEN TAX YEARS, AS DEFINED BY THE statute OF LIMITATIONS, FOR ALL MAJOR JURISDICTIONS, INCLUDING FEDERAL AND CERTAIN STATE TAXING AUTHORITIES. FOR THE YEAR ENDED DECEMBER 31, 2021, THE FOUNDATION DID NOT HAVE A LIABILITY FOR ANY UNRECOGNIZED TAXES. THE FOUNDATION HAS NO EXAMINATIONS IN PROGRESS AND IS NOT AWARE OF ANY TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX LIABILITIES WILL SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS.

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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AUCTION WINNERS
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC AND FROM STATE INCOME TAXES UNDER SIMILAR PROVISIONS OF THE FLORIDA statutes. AS SUCH, THE FOUNDATION HAS MADE NO PROVISION FOR INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS AS THE FOUNDATION HAD NO SIGNIFICANT NET UNRELATED BUSINESS INCOME. THE FOUNDATION EVALUATES ITS TAX POSITIONS FOR ANY UNCERTAINTIES BASED ON THE TECHNICAL MERITS OF THE POSITIONS TAKEN. THE FOUNDATION RECOGNIZES THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE UPHELD ON EXAMINATION BY THE TAXING AUTHORITIES. MANAGEMENT IS REQUIRED TO ANALYZE ALL OPEN TAX YEARS, AS DEFINED BY THE statute OF LIMITATIONS, FOR ALL MAJOR JURISDICTIONS, INCLUDING FEDERAL AND CERTAIN STATE TAXING AUTHORITIES. FOR THE YEAR ENDED DECEMBER 31, 2021, THE FOUNDATION DID NOT HAVE A LIABILITY FOR ANY UNRECOGNIZED TAXES. THE FOUNDATION HAS NO EXAMINATIONS IN PROGRESS AND IS NOT AWARE OF ANY TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX LIABILITIES WILL SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2
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IRS990ScheduleD/TotalLiabilityAmt010976110
IRS990ScheduleD/TotalRevenuePerForm990Amt01011496
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0All board members have a business relationship.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL IN CHALLENGE FOUNDATION, INC. ENTERED INTO A SERVICE AND FACILITIES AGREEMENT WITH FANATICS, INC. (FANATICS), AN AFFILIATED ORGANIZATION. THIS AGREEMENT REMAINS IN PLACE UNTIL TERMINATED BY EITHER PARTY. BASED ON THIS AGREEMENT, FANATICS AGREES TO PROVIDE THE FOUNDATION WITH ADMINISTRATIVE SERVICES AND FACILITIES, FUNDS ADMINISTRATION, MANAGEMENT SERVICES, AND USE OF INTELLECTUAL PROPERTY LICENSES. IN ALL INSTANCES, THESE SERVICES ARE COST FREE TO THE FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS PREPARED BY A NATIONALLY RECOGNIZED ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCIAL DEPARTMENT. DRAFT FORM 990 IS REVIEWED BY THE ORGANIZATION'S TREASURER AND EXECUTIVE DIRECTOR, THEN PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS IN DRAFT VIA EMAIL, WITH AN OPPORTUNITY FOR THEM TO COMMENT OR MAKE INQUIRY BEFORE IT IS APPROVED AND FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOUNDATION REQUIRES EACH BOARD MEMBER TO EXECUTE A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. PRIOR TO ENTERING INTO A TRANSACTION WHICH MAY INVOLVE A CONFLICT, SUCH TRANSACTION, AND THE RELEVANT CONFLICT, ARE PRESENTED TO THE FOUNDATION BOARD TO DETERMINE WHETHER SUCH TRANSACTION IS FAIR, REASONABLE, AND IN THE BEST INTERESTS OF THE FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST, THE ORGANIZATION WILL MAKE AVAILABLE ONLY THOSE DOCUMENTS REQUIRED TO BE DISCLOSED UNDER THE PUBLIC INSPECTION LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION:EVENT PLANNING TOTAL FEES:536200
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, LINE 2:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, LINE 3:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, LINE 19:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990 PART IX LINE 11G
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C Corp
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1c corp
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1DE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0online retail sal
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1holding co.
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0Fanatics Inc
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1Fanatics Holdings Inc
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt08100 NATIONS WAY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt1205 Hudson Street 5th Floor
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0JACKSONVILLE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm1New York
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