Civic Intelligence

Millrace Foundation

EIN 87-6629677 • Hobe Sound, FL

8148 SE Clubhouse DriveHobe Sound, FL 33455
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

32nd percentile

0.00x

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

$1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

33rd percentile

0.00x

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

$1M-$5M nonprofits • Source year 2024

Net Margin

15th percentile

-25%

Higher net margin than 15% of similar nonprofits.

$1M-$5M nonprofits • Source year 2024

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

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

$1M-$5M nonprofits • Source year 2024

Asset Growth

35th percentile

-1.0%

Faster asset growth than 35% of similar nonprofits.

$1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Down

$4,595,011

Down $45,525 (-1.0%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$4,595,011

Down $45,525 (-1.0%) from 2023

Operations
Liabilities / Revenue33rd percentileNet Margin15th percentile

Revenue

Up

$183,729

Up $204,220 (+997%) from 2023

Expenses

Down

$229,254

Down $48,545 (-17%) from 2023

Net Income

Up

-$45,525

Up $252,765 (+85%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth35th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2021: $5,010,014Liabilities 2021: $0Net Assets 2021: $5,010,0142021Assets 2023: $4,640,536Liabilities 2023: $0Net Assets 2023: $4,640,5362023Assets 2024: $4,595,011Liabilities 2024: $0Net Assets 2024: $4,595,0112024

Highlighted filing

2024

Assets$4,595,011
Liabilities$0
Net Assets$4,595,011
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2021: $5,010,014Expenses 2021: $0Net Income 2021: $5,010,0142021Revenue 2023: -$20,491Expenses 2023: $277,799Net Income 2023: -$298,2902023Revenue 2024: $183,729Expenses 2024: $229,254Net Income 2024: -$45,5252024

Highlighted filing

2024

Revenue$183,729
Expenses$229,254
Net Income-$45,525
Open 2024 Filing

Filings

Most recent year

2024 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,595,011
Liabilities
$0
Net assets
$4,595,011
Revenue
$183,729
Expenses
$229,254
Net income
-$45,525
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.60$0.00$4.60$0.18$0.23$0.05
2023Detailed filing. Detailed filing data is available for this year.$4.64$0.00$4.64$0.02$0.28$0.30
2021Detailed filing. Detailed filing data is available for this year.$5.01$0.00$5.01$5.01$0.00$5.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 9, 2025
Return Version
2024v5.0
Compensation and Service Providers
Top Officer Pay47th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
C CORRELL DURLINGPresident-$0--
ELEANOR W DURLINGTrustee-$0--
C CHAPIN DURLINGSecretary-$0--
PHILLIPS C DURLINGVice Preside-$0--
HENRY A DURLINGTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Millrace Foundation
EIN
87-6629677
Phone
9083913634
Address
8148 SE CLUBHOUSE DRIVE, HOBE SOUND, FL 33455

Signing Officer

Name
C Correll Durling
Title
President
Phone
9083913634
Signed
2025-05-09
Discuss with paid preparer
Yes

Preparer

Firm
Bmkr Llp
Address
1200 VETERANS HWY STE 350, HAUPPAUGE, NY 11788-3065
Preparer
Francis J Sands CPA
Phone
6312935000
Raw XML AppendixShowing 400 of 515 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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