Civic Intelligence

King Porter Foundation

990PF • Fiscal year 2021 • EIN 86-3415101

Apr 21, 2021 to Dec 31, 2021 • Filed on Oct 05, 2022

Foundation Source 501 Silverside RdWilmington, DE 19809-1377

(800) 839-1754

Siviq Scores

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

Liabilities / Assets

39th percentile

0.00x

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

2021 filings • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

39th percentile

0.00x

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

2021 filings • $500k-$1M nonprofits • Source year 2021

Net Margin

98th percentile

94%

Higher net margin than 98% of similar nonprofits.

2021 filings • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

56th percentile

$0

Higher top officer pay than 56% of similar nonprofits.

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

2021 filings • $500k-$1M nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

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

Source year 2021

Revenue Growth

Score unavailable

No value available

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

Source year 2021

Assets

$539,555

No earlier filing loaded for comparison.

Net Assets

$539,555

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$571,329

No earlier filing loaded for comparison.

Expenses

$31,774

No earlier filing loaded for comparison.

Net Income

$539,555

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.

$1.5M$1.0M$500K$0Assets 2021: $539,555Liabilities 2021: $0Net Assets 2021: $539,5552021Assets 2022: $732,585Liabilities 2022: $0Net Assets 2022: $732,5852022Assets 2023: $591,524Liabilities 2023: $12023Assets 2024: $1,043,122Liabilities 2024: $0Net Assets 2024: $1,043,1222024

Highlighted filing

2021

Assets$539,555
Liabilities$0
Net Assets$539,555

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2021: $571,329Expenses 2021: $31,774Net Income 2021: $539,5552021Revenue 2022: $542,198Expenses 2022: $349,168Net Income 2022: $193,0302022Revenue 2023: -$2,262Expenses 2023: $138,799Net Income 2023: -$141,0612023Revenue 2024: $626,246Expenses 2024: $177,648Net Income 2024: $448,5982024

Highlighted filing

2021

Revenue$571,329
Expenses$31,774
Net Income$539,555
Jump To
Filing Snapshot
Filing Period
Apr 21, 2021 to Dec 31, 2021
Signed
Oct 5, 2022
Return Version
2021v4.2
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Shannon PorterDirector-$0--
James R TopmillerSec, Director-$0--
Patricia King Porter TopmillerDir, Pres, Treas, Chair-$0--
Filing and Contact Details

Filer

Filer Name
King-Porter Foundation
EIN
86-3415101
In Care Of
% Foundation Source
Phone
8008391754
Address
Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377

Signing Officer

Name
PATRICIA KING Porter TOPMILLER
Title
President
Phone
8008391754
Signed
2022-10-05
Discuss with paid preparer
Yes

Preparer

Firm
Foundation Source
Address
3333 New Hyde Park Rd Ste 406, New Hyde Park, NY 11042
Preparer
Jeffrey D Haskell
Phone
8008391754
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt1N/A
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt2N/A
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt3N/A
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt4N/A
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt5N/A
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt6N/A
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt7N/A
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt015100 N 90TH ST
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt13245 KALMIA AVE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt211025 VOYAGER PKWY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt3590 EMERALD AVE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt4PO BOX 3000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt51000 WINCHESTER ST STE 301
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt62800 S SHIRLINGTON RD
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt71777 HAMILTON AVE STE 2280
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0SCOTTSDALE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm1BOULDER
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm2COLORADO SPGS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm3SAN CARLOS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm4BOONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm5FREDERICKSBRG
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm6ARLINGTON
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm7SAN JOSE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0AZ
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd1CO
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd2CO
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd3CA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd4NC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd5VA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd6VA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd7CA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd085260
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd180301
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd280921
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd394070
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd428607
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd522401
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd622206
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd795125
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt021724
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt05212
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt05212
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt026540
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt026540
IRS990PF/UndistributedIncomeGrp/PriorYear1Yr02019
IRS990PF/UndistributedIncomeGrp/PriorYear2Yr02018
IRS990PF/UndistributedIncomeGrp/PriorYear3Yr02017
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt031752
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt026540
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt026540
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
IRS990ScheduleB/ContributorInformationGrp/ContributorNum12
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm0Topmiller James R
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm1King Porter Topmiller Patricia
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt08504 Snakedance Court NE
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt18504 Snakedance Court NE
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm0Albuquerque
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm1Albuquerque
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd0NM
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd1NM
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd087111
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd187111
IRS990ScheduleB/ContributorInformationGrp/NoncashContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/NoncashContributionInd1X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt098669
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt1466832
IRS990ScheduleB/GeneralRuleInd0X
IRS990ScheduleB/NonCashPropertyContributionGrp/ContributorNum01
IRS990ScheduleB/NonCashPropertyContributionGrp/ContributorNum11
IRS990ScheduleB/NonCashPropertyContributionGrp/ContributorNum21
IRS990ScheduleB/NonCashPropertyContributionGrp/ContributorNum31
IRS990ScheduleB/NonCashPropertyContributionGrp/ContributorNum41
IRS990ScheduleB/NonCashPropertyContributionGrp/ContributorNum51
IRS990ScheduleB/NonCashPropertyContributionGrp/ContributorNum62
IRS990ScheduleB/NonCashPropertyContributionGrp/ContributorNum72
IRS990ScheduleB/NonCashPropertyContributionGrp/ContributorNum82
IRS990ScheduleB/NonCashPropertyContributionGrp/ContributorNum92
IRS990ScheduleB/NonCashPropertyContributionGrp/ContributorNum102
IRS990ScheduleB/NonCashPropertyContributionGrp/ContributorNum112
IRS990ScheduleB/NonCashPropertyContributionGrp/ContributorNum122
IRS990ScheduleB/NonCashPropertyContributionGrp/ContributorNum132
IRS990ScheduleB/NonCashPropertyContributionGrp/ContributorNum142
IRS990ScheduleB/NonCashPropertyContributionGrp/ContributorNum152
IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt017067
IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt118106
IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt215026
IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt326720
IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt45382
IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt516369
IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt616926
IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt732755
IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt841994
IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt925775
IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt1033566
IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt1125483
IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt1219740
IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt1344636
IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt1460651
IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt15165305
IRS990ScheduleB/NonCashPropertyContributionGrp/NoncashPropertyDesc0ALIGN TECHNOLOGY, INC ALGN, 28 sh.
IRS990ScheduleB/NonCashPropertyContributionGrp/NoncashPropertyDesc1PAYPAL HOLDINGS, INC PYPL, 62 sh.
IRS990ScheduleB/NonCashPropertyContributionGrp/NoncashPropertyDesc2LAM RESEARCH CORP LRCX, 24 sh.
IRS990ScheduleB/NonCashPropertyContributionGrp/NoncashPropertyDesc3ASML HOLDING NV NY REG SHS ASML, 39 sh.
IRS990ScheduleB/NonCashPropertyContributionGrp/NoncashPropertyDesc4TAIWAN SEMICONDUCTOR MFG CO LTD TSM, 45 sh.
IRS990ScheduleB/NonCashPropertyContributionGrp/NoncashPropertyDesc5FREEPORT-MCMORAN COPPER & GOLD INC FCX, 447 sh.
IRS990ScheduleB/NonCashPropertyContributionGrp/NoncashPropertyDesc6HARLEY DAVIDSON INC HOG, 352 sh.
IRS990ScheduleB/NonCashPropertyContributionGrp/NoncashPropertyDesc7FREEPORT-MCMORAN COPPER & GOLD INC FCX, 793 sh.
IRS990ScheduleB/NonCashPropertyContributionGrp/NoncashPropertyDesc8CISCO SYSTEMS INC CSCO, 781 sh.
IRS990ScheduleB/NonCashPropertyContributionGrp/NoncashPropertyDesc9GLAXOSMITHKLINE PLC GSK, 638 sh.
IRS990ScheduleB/NonCashPropertyContributionGrp/NoncashPropertyDesc10AMERICAN TOWER REIT INC AMT, 120 sh.
IRS990ScheduleB/NonCashPropertyContributionGrp/NoncashPropertyDesc11AMAZON COM AMZN, 7 sh.
IRS990ScheduleB/NonCashPropertyContributionGrp/NoncashPropertyDesc12DEVON ENERGY CORPORATION DVN, 480 sh.
IRS990ScheduleB/NonCashPropertyContributionGrp/NoncashPropertyDesc13ASML HOLDING NV NY REG SHS ASML, 53 sh.
IRS990ScheduleB/NonCashPropertyContributionGrp/NoncashPropertyDesc14MICROSOFT CORP MSFT, 176 sh.
IRS990ScheduleB/NonCashPropertyContributionGrp/NoncashPropertyDesc15APPLE INC AAPL, 950 sh.
IRS990ScheduleB/NonCashPropertyContributionGrp/ReceivedDt02021-07-06
IRS990ScheduleB/NonCashPropertyContributionGrp/ReceivedDt12021-07-06
IRS990ScheduleB/NonCashPropertyContributionGrp/ReceivedDt22021-07-06
IRS990ScheduleB/NonCashPropertyContributionGrp/ReceivedDt32021-07-06
IRS990ScheduleB/NonCashPropertyContributionGrp/ReceivedDt42021-07-06
IRS990ScheduleB/NonCashPropertyContributionGrp/ReceivedDt52021-07-06
IRS990ScheduleB/NonCashPropertyContributionGrp/ReceivedDt62021-06-08
IRS990ScheduleB/NonCashPropertyContributionGrp/ReceivedDt72021-06-08
IRS990ScheduleB/NonCashPropertyContributionGrp/ReceivedDt82021-07-14
IRS990ScheduleB/NonCashPropertyContributionGrp/ReceivedDt92021-07-14
IRS990ScheduleB/NonCashPropertyContributionGrp/ReceivedDt102021-07-14
IRS990ScheduleB/NonCashPropertyContributionGrp/ReceivedDt112021-11-22
IRS990ScheduleB/NonCashPropertyContributionGrp/ReceivedDt122021-11-22
IRS990ScheduleB/NonCashPropertyContributionGrp/ReceivedDt132021-11-22
IRS990ScheduleB/NonCashPropertyContributionGrp/ReceivedDt142021-11-22
IRS990ScheduleB/NonCashPropertyContributionGrp/ReceivedDt152021-12-22
IRS990ScheduleB/Organization501c3ExemptPFInd0X
LiquidationExplanationStmt/ExplanationTxt0As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: Typically, a finding of a substantial contraction of assets is made by reference to the fair market value of a foundation's net assets on the first day of its calendar year. However, the taxable year ending December 31, 2021 was the year in which the Foundation received its initial endowment and the finding of a substantial contraction in this case was made by reference to the fair market value of the Foundation's assets on the date that it received its initial endowment. Accordingly, the degree of contraction of the Foundation's net assets may have been exaggerated. During the taxable year ending December 31, 2021, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $21,724. This amount represents 25% or more of the Foundation's net assets of $49,681 (as measured by fair market value) on the day that the Foundation received its initial endowment in the Foundation's taxable year ending December 31, 2021. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0Administrative Fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1Administrative Set-Up Fee
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2Delaware Incorporation Fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3IRS Application Fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt03528
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt15400
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt2500
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt3600
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt03528
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt15400
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt2500
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt3600
SubstantialContributorsSch/SubstantialContributorDetail/PersonNm0Topmiller James R
SubstantialContributorsSch/SubstantialContributorDetail/PersonNm1King Porter Topmiller Patricia
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/AddressLine1Txt08504 Snakedance Court NE
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/AddressLine1Txt18504 Snakedance Court NE
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/CityNm0Albuquerque

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