Civic Intelligence

Carmen B Pingree Foundation

990 • Fiscal year 2019 • EIN 87-0533564

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

4460 Highland Drive Suite 210Millcreek, UT 84124

(801) 273-6392

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

1st percentile

-1538%

Higher net margin than 1% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

100th percentile

$732,223

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 351.3% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

3rd percentile

-91%

Faster asset growth than 3% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

56th percentile

4.6%

Faster revenue growth than 56% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$303,039

Down $3,238,653 (-91%) from 2018

Net Assets

Down

$300,619

Down $3,095,743 (-91%) from 2018

Liabilities

Down

$2,420

Down $142,910 (-98%) from 2018

Revenue

Up

$208,450

Up $9,238 (+4.6%) from 2018

Expenses

Up

$3,414,024

Up $1,851,644 (+119%) from 2018

Net Income

Down

-$3,205,574

Down $1,842,406 (-135%) from 2018

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $7,853,724Liabilities 2010: $4,498,995Net Assets 2010: $3,354,7292010Assets 2011: $6,190,346Liabilities 2011: $3,559,102Net Assets 2011: $2,631,2442011Assets 2012: $5,449,746Liabilities 2012: $2,776,919Net Assets 2012: $2,672,8272012Assets 2013: $5,780,014Liabilities 2013: $2,578,941Net Assets 2013: $3,201,0732013Assets 2014: $2,794,300Liabilities 2014: $288,807Net Assets 2014: $2,505,4932014Assets 2015: $4,833,912Liabilities 2015: $242,954Net Assets 2015: $4,590,9582015Assets 2016: $4,592,175Liabilities 2016: $25,505Net Assets 2016: $4,566,6702016Assets 2017: $4,952,056Liabilities 2017: $95,645Net Assets 2017: $4,856,4112017Assets 2018: $3,541,692Liabilities 2018: $145,330Net Assets 2018: $3,396,3622018Assets 2019: $303,039Liabilities 2019: $2,420Net Assets 2019: $300,6192019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2019

Assets$303,039
Liabilities$2,420
Net Assets$300,619

Operations Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $1,174,2612010Expenses 2011: $635,8842011Expenses 2012: $1,119,6012012Revenue 2013: $735,065Expenses 2013: $342,945Net Income 2013: $392,1202013Revenue 2014: $400,178Expenses 2014: $1,095,758Net Income 2014: -$695,5802014Revenue 2015: $2,549,723Expenses 2015: $457,858Net Income 2015: $2,091,8652015Revenue 2016: $183,055Expenses 2016: $287,863Net Income 2016: -$104,8082016Revenue 2017: $265,401Expenses 2017: $202,884Net Income 2017: $62,5172017Revenue 2018: $199,212Expenses 2018: $1,562,380Net Income 2018: -$1,363,1682018Revenue 2019: $208,450Expenses 2019: $3,414,024Net Income 2019: -$3,205,5742019Revenue 2020: $0Expenses 2020: $300,619Net Income 2020: -$300,6192020

Highlighted filing

2019

Revenue$208,450
Expenses$3,414,024
Net Income-$3,205,574
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$208,450
Mission and Program Overview

Mission

To obtain funds and property by gift, bequest or devise, or by other fundraising activities, and will invest and reinvest the same and apply the income and principal thereof to carry out the mission of valley behavioral health, inc., an exempt organization

To obtain funds and property by gift, bequest or devise, or by other fundraising activities, and will invest and reinvest the same and apply the income and principal thereof to carry out the mission of valley mental health, inc., an exempt organization

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$2,557,950$0▼ $2,557,950
Investments Other Securities$817,542$288,348▼ $529,194
Savings and Temporary Cash Investments$166,200$14,691▼ $151,509
Total Assets$3,541,692$303,039▼ $3,238,653
Liabilities
Accounts Payable and Accrued Expenses$145,330$2,420▼ $142,910
Total Liabilities$145,330$2,420▼ $142,910
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,385,371$164,553▼ $3,220,818
Net Assets Without Donor Restrictions$10,991$136,066▲ $125,075
Total Net Assets Fund Balance$3,396,362$300,619▼ $3,095,743
Total Liabilities and Net Assets / Fund Balance$3,541,692$303,039▼ $3,238,653

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$288,348--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$197,005
Program Service Revenue
$0
Investment Income
$11,445
Other Revenue
$0
All Other Contributions
$197,005
Change in Net Assets
$-3,205,574
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,362,799
Other Expenses$39,694
Total Fundraising Expense$29,316
Salaries, Compensation, and Employee Benefits$11,531
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,362,799--$3,362,799
Fees for Services Accounting-$19,516-$19,516
Advertising--$15,991$15,991
Other Salaries and Wages--$8,949$8,949
Other Employee Benefits--$2,582$2,582
Office Expenses--$1,794$1,794
Other Expenses-$93-$93
Total Functional Expenses$3,362,799$21,909$29,316$3,414,024
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Valley Mental HealthMillcreek, UT501(c)(3)To Provide Assistance to Programs That Administer Mental Health and Alcohol and Drug Abuse Services.$3,362,799
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A copy of the return is provided to the governing body before the return is filed.

Form 990, Part VI, Section B, Line 12C

All board members are subject to the conflict of interest policy. As a fundraising entity, conflicts rarely arise. If a conflict does arise it is addressed by the governing body.

Form 990, Part VI, Section B, Line 15A

The compensation of the executive director is determined and reviewed by the board of directors on an annual basis.

Form 990, Part VI, Section C, Line 19

These documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Carmen B Pingree Foundation
EIN
87-0533564
Phone
8012736392
Address
4460 HIGHLAND DRIVE SUITE 210, MILLCREEK, UT 84124

Signing Officer

Name
Spencer Seaquist
Title
CFO
Phone
8012637100
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Spencer Seaquist
Formed
1994
Legal Domicile
Ut
Voting Board Members
8
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Tanner LLC
Address
36 S STATE STREET SUITE 600, SALT LAKE CITY, UT 84111
Preparer
Marc a Metcalf
Phone
8015327444
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

The organization has not changed its oversight process or selection process during the tax year.

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IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt0277500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt1158101
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0350000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1165000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt013750
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt113750
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt017766
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt117368
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt073207
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt133673
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0GARY LARCENAIRE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1SPENCER SEAQUIST
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0732223
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1387892
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleN/DirectorOfSuccessor2Ind00
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt0VALLEY MENTAL HEALTH
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02019-12-31
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0942938348
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt03362799
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0501(C)(3)
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0CASH VALUE
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt04460 HIGHLAND DRIVE SUITE 210
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0MILLCREEK
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0UT
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd084124
IRS990ScheduleN/EmployeeOfSuccessor2Ind00
IRS990ScheduleN/OwnerOfSuccessor2Ind00
IRS990ScheduleN/ReceiveCompensation2Ind00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE RETURN IS PROVIDED TO THE GOVERNING BODY BEFORE THE RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS ARE SUBJECT TO THE CONFLICT OF INTEREST POLICY. AS A FUNDRAISING ENTITY, CONFLICTS RARELY ARISE. IF A CONFLICT DOES ARISE IT IS ADDRESSED BY THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED AND REVIEWED BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THESE DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0VALLEY MENTAL HEALTH INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0942938348
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0UT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO PROVIDE AND ADMINISTER MENTAL HEALTH AND ALCOHOL AND DRUG ABUSE SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt04460 HIGHLAND DRIVE SUITE 210
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MILLCREEK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0UT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd084124
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0UT
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03541692
IRS990/TotalAssetsEOYAmt0303039
IRS990/TotalAssetsGrp/BOYAmt03541692
IRS990/TotalAssetsGrp/EOYAmt0303039
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0197005
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt029316
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt021909
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03362799
IRS990/TotalFunctionalExpensesGrp/TotalAmt03414024
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0145330
IRS990/TotalLiabilitiesEOYAmt02420
IRS990/TotalLiabilitiesGrp/BOYAmt0145330
IRS990/TotalLiabilitiesGrp/EOYAmt02420
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03396362
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0300619
IRS990/TotalOtherCompensationAmt062634
IRS990/TotalProgramServiceExpensesAmt03362799

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