Civic Intelligence

Xel Foundation

990 • Fiscal year 2022 • EIN 87-4143271

Jan 01, 2022 to Dec 31, 2022 • Filed on May 15, 2023

100 Commerce DrivePittsburgh, PA 15275

(937) 449-2825

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

$511,621

No earlier filing loaded for comparison.

Net Assets

$511,621

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

$562,664

No earlier filing loaded for comparison.

Expenses

$51,043

No earlier filing loaded for comparison.

Net Income

$511,621

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.

$800K$600K$400K$200K$0Assets 2022: $511,621Liabilities 2022: $0Net Assets 2022: $511,6212022Assets 2022: $611,621Liabilities 2022: $0Net Assets 2022: $611,6212022

Highlighted filing

2022

Assets$511,621
Liabilities$0
Net Assets$511,621

Operations Trend

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

$800K$600K$400K$200K$0Revenue 2022: $562,664Expenses 2022: $51,043Net Income 2022: $511,6212022Revenue 2022: $661,720Expenses 2022: $50,099Net Income 2022: $611,6212022

Highlighted filing

2022

Revenue$562,664
Expenses$51,043
Net Income$511,621
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 15, 2023
Return Version
2022v4.1
Gross Receipts
$562,664
Mission and Program Overview

Mission

The organization is formed exclusively to provide research and provide financial support to 501(c)(3) organizations for selected projects which involve one or more of the following objectives: (continued on schedule o)

The organization is formed exclusively to provide research and provide financial support to 501(c)(3) organizations for selected projects which (continued on schedule o)

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$504,484▲ $504,484
Land, Buildings, and Equipment, Net$0$7,137▲ $7,137
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
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$0$511,621▲ $511,621
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$0$511,621▲ $511,621
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$0$511,621▲ $511,621
Total Liabilities and Net Assets / Fund Balance$0$511,621▲ $511,621

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,137-$7,137
Compensation and Service Providers

Board Members and Trustees

NameTitle
Elisa KrakowskiPresident/chair/Director
Ashley LourieDirector
Chelsea StacyDirector
Daniela DirenzoDirector
John KrakowskiDirector
Kathie FrancisDirector
Kathleen ProsperiDirector
Mike LymanDirector
Nate LourieDirector
Richard FrancisDirector
Amy StarlingSecretary/director
Brian GoldenTreasurer/director
Revenue and Support

Revenue Composition

Contributions and Grants
$561,431
Program Service Revenue
$1,179
Investment Income
$0
Other Revenue
$54
All Other Contributions
$561,431
Change in Net Assets
$511,621
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$50,000
Other Expenses$1,043
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$50,000--$50,000
Other Expenses$944$99-$99
Total Functional Expenses$50,944$99$0$51,043
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
KulturecityBirmingham, AL501(c)(3)General Support$50,000
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
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
Governance and Compliance

Governance Checklist

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

Governance Explanations

FORM 990, PART VI, SECTION A, LINE 2:

OPEN

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

OPEN

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

OPEN

FORM 990, PART VI, SECTION C, LINE 19:

Documents available upon request.

Filing and Contact Details

Filer

Filer Name
Xel Foundation
EIN
87-4143271
In Care Of
% BRIAN GOLDEN
Phone
9374492825
Address
100 COMMERCE DRIVE, PITTSBURGH, PA 15275

Signing Officer

Name
Richard S Francis
Title
Director
Phone
9374492825
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard S Francis
Formed
2021
Legal Domicile
Pa
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
12

Preparer

Firm
Bdo USA Llp
Address
339 SIXTH AVE 8TH FL, PITTSBURGH, PA 15222
Preparer
Jacob Cook
Phone
4122812501
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1 (CONTINUED):

Involve one or more of the following objectives: (i) treatment and educational protocols to help persons with autism develop their life management skills, (ii) assistance to help friends, family members, co-workers and others more effectively communicate and associate with persons with autism, (iii) understanding the causes and differentiation of specific types of autism, (iv) advancing the treatment and therapy for the various symptoms of autism, and (v) improvement of life conditions for individuals and families affected by autism. In addition, the organization will provide donations to organizations which provide awareness and education to the public about autism. The activity will be funded by donations to the organization.

FORM 990, PART III, LINE 1 (CONTINUED):

(i) treatment and educational protocols to help persons with autism develop their life management skills, (ii) assistance to help friends, family members, co-workers and others more effectively communicate and associate with persons with autism, (iii) understanding the causes and differentiation of specific types of autism, (iv) advancing the treatment and therapy for the various symptoms of autism, and (v) improvement of life conditions for individuals and families affected by autism. In addition, the organization will provide donations to organizations which provide awareness and education to the public about autism. The activity will be funded by donations to the organization.

FORM 990, PART III, LINE 4A (CONTINUED):

Types of autism, (iv) advancing the treatment and therapy for the various symptoms of autism, and (v) improvement of life conditions for individuals and families affected by autism. In addition, the organization will provide donations to organizations which provide awareness and education to the public about autism. The activity will be funded by donations to the organization.

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IRS990/ProgramServiceRevenueGrp/Desc0STORE REVENUE
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01179
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IRS990/PYOtherRevenueAmt00
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IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
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IRS990/ReconcilationRevenueExpnssAmt0511621
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01179
IRS990/RoyaltiesGrp/TotalAmt00
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0561431
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0561431
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
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IRS990ScheduleA/PublicSupportTotal170Amt0561431
IRS990ScheduleA/SubstantialContributorsTotAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0561431
IRS990ScheduleA/TotalSupportAmt0561431
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IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt07137
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07137
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07137
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IRS990ScheduleI/RecipientTable/CashGrantAmt050000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0KULTURECITY
IRS990ScheduleI/RecipientTable/RecipientEIN0463701145
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0732 MONTGOMERY HWY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt0PMB 392
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BIRMINGHAM
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0AL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd035216
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION WILL PROVIDE GRANTS TO ORGANIZATIONS THAT RESEARCH AND SUPPORT INDIVIDUALS DIRECTLY AND INDIRECTLY AFFECTED BY AUTISM, INCLUDING ENTITIES THAT ARE NOT TAX EXEMPT, BUT THEIR MISSIONS AND RESEARCH ARE DIRECTLY RELATED TO THE ORGANIZATION'S EXEMPT PURPOSE. SUCH CONTRIBUTIONS WILL STILL BE TO ENTITIES IDENTIFIED IN THE INTERNAL REVENUE CODE SECTION 170(B)(1)(A). THE ORGANIZATION WILL PERFORM PRE AND POST DISTRIBUTION DILIGENCE TO ENSURE THAT THE GRANTS ARE USED FOR THEIR EXPECTED PURPOSE, INCLUDING BUT NOT LIMITED TO REACHING OUT TO THE GRANT RECIPIENTS DIRECTLY. THE ORGANIZATION WILL MAINTAIN ALL RECORDS RELATED TO THE DILIGENCE AND GRANT TO EACH ORGANIZATION FOR AN APPROPRIATE LENGTH OF TIME.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INVOLVE ONE OR MORE OF THE FOLLOWING OBJECTIVES: (I) TREATMENT AND EDUCATIONAL PROTOCOLS TO HELP PERSONS WITH AUTISM DEVELOP THEIR LIFE MANAGEMENT SKILLS, (II) ASSISTANCE TO HELP FRIENDS, FAMILY MEMBERS, CO-WORKERS AND OTHERS MORE EFFECTIVELY COMMUNICATE AND ASSOCIATE WITH PERSONS WITH AUTISM, (III) UNDERSTANDING THE CAUSES AND DIFFERENTIATION OF SPECIFIC TYPES OF AUTISM, (IV) ADVANCING THE TREATMENT AND THERAPY FOR THE VARIOUS SYMPTOMS OF AUTISM, AND (V) IMPROVEMENT OF LIFE CONDITIONS FOR INDIVIDUALS AND FAMILIES AFFECTED BY AUTISM. IN ADDITION, THE ORGANIZATION WILL PROVIDE DONATIONS TO ORGANIZATIONS WHICH PROVIDE AWARENESS AND EDUCATION TO THE PUBLIC ABOUT AUTISM. THE ACTIVITY WILL BE FUNDED BY DONATIONS TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1(I) TREATMENT AND EDUCATIONAL PROTOCOLS TO HELP PERSONS WITH AUTISM DEVELOP THEIR LIFE MANAGEMENT SKILLS, (II) ASSISTANCE TO HELP FRIENDS, FAMILY MEMBERS, CO-WORKERS AND OTHERS MORE EFFECTIVELY COMMUNICATE AND ASSOCIATE WITH PERSONS WITH AUTISM, (III) UNDERSTANDING THE CAUSES AND DIFFERENTIATION OF SPECIFIC TYPES OF AUTISM, (IV) ADVANCING THE TREATMENT AND THERAPY FOR THE VARIOUS SYMPTOMS OF AUTISM, AND (V) IMPROVEMENT OF LIFE CONDITIONS FOR INDIVIDUALS AND FAMILIES AFFECTED BY AUTISM. IN ADDITION, THE ORGANIZATION WILL PROVIDE DONATIONS TO ORGANIZATIONS WHICH PROVIDE AWARENESS AND EDUCATION TO THE PUBLIC ABOUT AUTISM. THE ACTIVITY WILL BE FUNDED BY DONATIONS TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TYPES OF AUTISM, (IV) ADVANCING THE TREATMENT AND THERAPY FOR THE VARIOUS SYMPTOMS OF AUTISM, AND (V) IMPROVEMENT OF LIFE CONDITIONS FOR INDIVIDUALS AND FAMILIES AFFECTED BY AUTISM. IN ADDITION, THE ORGANIZATION WILL PROVIDE DONATIONS TO ORGANIZATIONS WHICH PROVIDE AWARENESS AND EDUCATION TO THE PUBLIC ABOUT AUTISM. THE ACTIVITY WILL BE FUNDED BY DONATIONS TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OPEN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OPEN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OPEN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1 (CONTINUED):
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART III, LINE 1 (CONTINUED):
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART III, LINE 4A (CONTINUED):
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 2:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12A:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19:
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false

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