Civic Intelligence

David M Herskovits Foundation

990 • Fiscal year 2022 • EIN 87-2224912

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 09, 2023

39 Dorchester circlePalm Beach Gardens, FL 33418

(571) 213-6413

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

96th percentile

84%

Higher net margin than 96% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

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

Source year 2022

Revenue Growth

Score unavailable

No value available

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

Source year 2022

Assets

$101,000

No earlier filing loaded for comparison.

Net Assets

$101,000

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$120,000

No earlier filing loaded for comparison.

Expenses

$19,000

No earlier filing loaded for comparison.

Net Income

$101,000

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.

$300K$200K$100K$0Assets 2022: $101,000Liabilities 2022: $0Net Assets 2022: $101,0002022Assets 2023: $204,763Liabilities 2023: $0Net Assets 2023: $204,7632023Assets 2024: $228,336Net Assets 2024: $228,3362024

Highlighted filing

2022

Assets$101,000
Liabilities$0
Net Assets$101,000

Operations Trend

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

$200K$150K$100K$50K$0Revenue 2022: $120,000Expenses 2022: $19,000Net Income 2022: $101,0002022Revenue 2023: $154,980Expenses 2023: $51,217Net Income 2023: $103,7632023Revenue 2024: $90,320Expenses 2024: $66,747Net Income 2024: $23,5732024

Highlighted filing

2022

Revenue$120,000
Expenses$19,000
Net Income$101,000
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 9, 2023
Return Version
2022v5.0
Gross Receipts
$120,000
Mission and Program Overview

Mission

The DHM Foundation is a nonprofit dedicated to energy education student mentorship scholarships and grants to STEM education

The DMH Foundation is a nonprofit dedicated to provide mentorship scholarship grants to STEM education

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$101,000-
Rtn Earn Endowment Incm Other Fnds-$101,000-
Total Assets$0$101,000▲ $101,000
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$101,000▲ $101,000
Total Liabilities and Net Assets / Fund Balance$0$101,000▲ $101,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Alfred G DawsonTrustee
Amy DawsonTrustee
Andrew WyantTrustee
Dina WizmerTrustee
Kascey FrankTrustee
Rita HerskovitsTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$120,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$120,000
Change in Net Assets
$101,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$16,000
Other Expenses$3,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$16,000--$16,000
Advertising$2,000$1,000-$3,000
Total Functional Expenses$18,000$1,000$0$19,000
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
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 11B

Trustee reviewed the 990 return before filing

Part VI Line 19

Available upon requests

Filing and Contact Details

Filer

Filer Name
The David M Herskovits Foundation
EIN
87-2224912
In Care Of
% Alfred g Dawson
Phone
5712136413
Address
39 Dorchester circle, Palm Beach Gardens, FL 33418

Signing Officer

Name
Alfred G Dawson
Title
Trustee
Phone
7042498354
Signed
2023-08-09

Organization Details

Principal Officer
Rita Herskovits
Formed
2021
Legal Domicile
De
Voting Board Members
5
Independent Board Members
0
Employees
0
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