Civic Intelligence

Newtown Community Foundation

990 • Fiscal year 2019 • EIN 87-0712485

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 20, 2020

PO Box 57Newtown, PA 18940-0057

(215) 997-8566

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.09x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

94th percentile

1.85x

Higher debt load relative to revenue than 94% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

33rd percentile

-2.0%

Higher net margin than 33% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

74th percentile

17%

Faster asset growth than 74% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

8th percentile

-36%

Faster revenue growth than 8% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$504,461

Up $72,908 (+17%) from 2018

Net Assets

Up

$460,203

Up $65,634 (+17%) from 2018

Liabilities

Up

$44,258

Up $7,274 (+20%) from 2018

Revenue

Down

$23,914

Down $13,709 (-36%) from 2018

Expenses

Down

$24,393

Down $24,276 (-50%) from 2018

Net Income

Up

-$479

Up $10,567 (+96%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $136,364Liabilities 2010: $21,968Net Assets 2010: $114,3962010Assets 2011: $165,772Liabilities 2011: $23,065Net Assets 2011: $142,7072011Assets 2012: $197,036Liabilities 2012: $25,744Net Assets 2012: $171,2922012Assets 2013: $236,640Liabilities 2013: $32,102Net Assets 2013: $204,5382013Assets 2014: $279,381Liabilities 2014: $33,737Net Assets 2014: $245,6442014Assets 2015: $326,902Liabilities 2015: $33,142Net Assets 2015: $293,7602015Assets 2016: $380,596Liabilities 2016: $34,450Net Assets 2016: $346,1462016Assets 2017: $445,057Liabilities 2017: $39,442Net Assets 2017: $405,6152017Assets 2018: $431,553Liabilities 2018: $36,984Net Assets 2018: $394,5692018Assets 2019: $504,461Liabilities 2019: $44,258Net Assets 2019: $460,2032019Assets 2020: $581,532Liabilities 2020: $50,595Net Assets 2020: $530,9372020Assets 2021: $714,650Liabilities 2021: $58,184Net Assets 2021: $656,4662021Assets 2022: $600,809Liabilities 2022: $44,433Net Assets 2022: $556,3762022Assets 2023: $713,025Liabilities 2023: $58,315Net Assets 2023: $654,7102023Assets 2024: $809,099Liabilities 2024: $69,311Net Assets 2024: $739,7882024

Highlighted filing

2019

Assets$504,461
Liabilities$44,258
Net Assets$460,203

Operations Trend

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

$100K$50K$0-$50KRevenue 2010: $23,455Expenses 2010: $7,200Net Income 2010: $16,2552010Revenue 2011: $37,023Expenses 2011: $8,712Net Income 2011: $28,3112011Revenue 2012: $41,677Expenses 2012: $13,092Net Income 2012: $28,5852012Revenue 2013: $44,895Expenses 2013: $11,649Net Income 2013: $33,2462013Revenue 2014: $54,155Expenses 2014: $13,049Net Income 2014: $41,1062014Revenue 2015: $70,486Expenses 2015: $22,370Net Income 2015: $48,1162015Revenue 2016: $73,209Expenses 2016: $20,823Net Income 2016: $52,3862016Revenue 2017: $85,709Expenses 2017: $26,240Net Income 2017: $59,4692017Revenue 2018: $37,623Expenses 2018: $48,669Net Income 2018: -$11,0462018Revenue 2019: $23,914Expenses 2019: $24,393Net Income 2019: -$4792019Revenue 2020: $37,731Expenses 2020: $22,419Net Income 2020: $15,3122020Revenue 2021: $85,109Expenses 2021: $27,635Net Income 2021: $57,4742021Revenue 2022: $36,411Expenses 2022: $27,827Net Income 2022: $8,5842022Revenue 2023: $52,324Expenses 2023: $35,138Net Income 2023: $17,1862023Revenue 2024: $43,014Expenses 2024: $37,419Net Income 2024: $5,5952024

Highlighted filing

2019

Revenue$23,914
Expenses$24,393
Net Income-$479
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 20, 2020
Return Version
2019v5.1
Gross Receipts
$23,914
Mission and Program Overview

Mission

Support for educational/charitable organizations

The mission of the Newtown Community Foundation is to enhance the quality of life for residents of the Newtown region by developing long-term assets to meet a wide range of the community's charitable needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$431,333$503,578▲ $72,245
Cash and Non-Interest-Bearing Accounts$220$883▲ $663
Total Assets$431,553$504,461▲ $72,908
Liabilities
Other Liabilities$36,984$44,258▲ $7,274
Total Liabilities$36,984$44,258▲ $7,274
Net Assets / Fund Balance
Net Assets With Donor Restrictions$394,349$459,320▲ $64,971
Net Assets Without Donor Restrictions$220$883▲ $663
Total Net Assets Fund Balance$394,569$460,203▲ $65,634
Total Liabilities and Net Assets / Fund Balance$431,553$504,461▲ $72,908

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$394,349$15,293▲ $73,615$4,087$459,320
2018$404,198$30,775▼ $18,480$3,794$394,349
2017$344,383$38,296▲ $46,951$5,732$404,198
2016$292,055$48,621▲ $23,082$4,725$344,383
2015$244,910$62,566▲ $653$3,624$292,055
Compensation and Service Providers

Board Members and Trustees

NameTitle
Richard RodgersPresident
Charles SwartzIIIBoard Director
Dan SchafferBoard Director
James CoaneBoard Director
Mark KleinBoard Director
Nancy PickeringBoard Director
Linda GoodwinExecutive Director
D Keth Brown ESQSecretary
William KolendaCPATreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$16,400
Program Service Revenue
$0
Investment Income
$7,514
Other Revenue
$0
All Other Contributions
$16,400
Change in Net Assets
$-479

Audited Revenue Reconciliation

Revenue per Audited Statements
$23,914
Revenue Not Reported on Form 990
$66,113
Total Revenue per Audited Statements
$90,027
Total Revenue per Form 990
$23,914
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$19,850
Other Expenses$4,543
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$19,850--$19,850
Fees for Services Other$0$4,232$0$4,232
Office Expenses$0$311$0$311
Total Functional Expenses$19,850$4,543$0$24,393

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$24,393
Total Expenses per Audited Statements$24,393
Total Expenses per Form 990$24,393
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Agency Liabilities$44,258
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Newtown Community Foundation
EIN
87-0712485
Phone
2159978566
Address
PO Box 57, Newtown, PA 18940-0057

Signing Officer

Name
William Kolenda CPA
Title
Treasuer
Phone
2159978566
Signed
2020-04-20
Discuss with paid preparer
Yes

Organization Details

Formed
2004
Legal Domicile
Pa
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Kolenda & Associates Pc
Address
301 OXFORD VALLEY ROAD SUITE 1106B, YARDLEY, PA 19067
Preparer
William Kolenda CPA
Phone
2153691600
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

All officers and directors may review the 990 upon request of Treasurer who maintains a copy as part of the accounting records.

Pt VI, Line 12C

Officer and directors are requried to report any conflicts of interest and affirm annually that there are no conflicts of interest.

Pt VI, Line 19

Documents provide upon request.

Pt XII, Line 1

Modified cash basis of accounting used.

Form 990, Part IX, Line 11G

Insurance 140. 140.

Form 990, Part IX, Line 11G

Administrative Fees 4092. 4092.

Financial Statement Notes

Pt V, Line 4

Intended use of endowment funds is scholarships.

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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Scholarships are made payable to Universities and Colleges for the benefit of the scholarship recipients. Recipients are select through an evaluation pocess established and conducted for the endowment fund by the high school guidance counselors and presented to the Board of Directors for final approval.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1fund by the high school guidance counselors and presented to the Board of Directors for final approval.
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IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt III, col (b)
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0All officers and directors may review the 990 upon request of Treasurer who maintains a copy as part of the accounting records.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Officer and directors are requried to report any conflicts of interest and affirm annually that there are no conflicts of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Documents provide upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Modified cash basis of accounting used.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance 140. 140.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Administrative Fees 4092. 4092.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt XII, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 11g
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IRS990/USAddress/CityNm0Yardley
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019067
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0https://www.newtowncf.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0William Kolenda CPA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasuer
ReturnHeader/BusinessOfficerGrp/PhoneNum02159978566
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-20
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ReturnHeader/Filer/BusinessNameControlTxt0NEWT
ReturnHeader/Filer/EIN0870712485
ReturnHeader/Filer/PhoneNum02159978566
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 57
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt068.82.53.144
ReturnHeader/FilingSecurityInformation/IPDt02020-10-20
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ReturnHeader/FilingSecurityInformation/IPTm010:26:18
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KOLENDA & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0301 OXFORD VALLEY ROAD SUITE 1106B
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.09$0.69$7.40$0.43$0.37$0.06
2023Detailed filing. Detailed filing data is available for this year.$7.13$0.58$6.55$0.52$0.35$0.17
2022Detailed filing. Detailed filing data is available for this year.$6.01$0.44$5.56$0.36$0.28$0.09
2021Detailed filing. Detailed filing data is available for this year.$7.15$0.58$6.56$0.85$0.28$0.57
2020Detailed filing. Detailed filing data is available for this year.$5.82$0.51$5.31$0.38$0.22$0.15
2019Detailed filing. Detailed filing data is available for this year.$5.04$0.44$4.60$0.24$0.24$0.00
2018Detailed filing. Detailed filing data is available for this year.$4.32$0.37$3.95$0.38$0.49$0.11
2017Detailed filing. Detailed filing data is available for this year.$4.45$0.39$4.06$0.86$0.26$0.59
2016Detailed filing. Detailed filing data is available for this year.$3.81$0.34$3.46$0.73$0.21$0.52
2015Detailed filing. Detailed filing data is available for this year.$3.27$0.33$2.94$0.70$0.22$0.48
2014Detailed filing. Detailed filing data is available for this year.$2.79$0.34$2.46$0.54$0.13$0.41
2013Detailed filing. Detailed filing data is available for this year.$2.37$0.32$2.05$0.45$0.12$0.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.97$0.26$1.71$0.42$0.13$0.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.66$0.23$1.43$0.37$0.09$0.28
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.22$1.14$0.23$0.07$0.16