Civic Intelligence

Payne Foundation

990 • Fiscal year 2014 • EIN 88-0396368

Jan 01, 2014 to Dec 31, 2014 • Filed on Mar 17, 2015

7435 S Eastern Suite 5-165Las Vegas, NV 89123

(702) 896-6482

Siviq Scores

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

Liabilities / Assets

54th percentile

0.00x

Higher debt load relative to assets than 54% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

53rd percentile

0.00x

Higher debt load relative to revenue than 53% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

64th percentile

9.7%

Higher net margin than 64% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2014

Asset Growth

86th percentile

58%

Faster asset growth than 86% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

96th percentile

183%

Faster revenue growth than 96% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$69,005

Up $25,270 (+58%) from 2013

Net Assets

Up

$68,983

Up $33,045 (+92%) from 2013

Liabilities

Down

$22

Down $7,775 (-100%) from 2013

Revenue

Up

$341,078

Up $220,750 (+183%) from 2013

Expenses

Up

$308,033

Up $63,095 (+26%) from 2013

Net Income

Up

$33,045

Up $157,655 (+127%) from 2013

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2012: $160,548Liabilities 2012: $0Net Assets 2012: $160,5482012Assets 2013: $43,735Liabilities 2013: $7,797Net Assets 2013: $35,9382013Assets 2014: $69,005Liabilities 2014: $22Net Assets 2014: $68,9832014Assets 2015: $76,873Liabilities 2015: $1,885Net Assets 2015: $74,9882015Assets 2016: $89,874Liabilities 2016: $49Net Assets 2016: $89,8252016Assets 2017: $54,042Liabilities 2017: $883Net Assets 2017: $53,1592017Assets 2018: $79,244Liabilities 2018: $0Net Assets 2018: $79,2442018Assets 2019: $68,745Liabilities 2019: $0Net Assets 2019: $68,7452019Assets 2020: $80,152Liabilities 2020: $45Net Assets 2020: $80,1072020Assets 2021: $41,679Liabilities 2021: $0Net Assets 2021: $41,6792021Assets 2022: $61,536Liabilities 2022: $46Net Assets 2022: $61,4902022Assets 2023: $92,734Liabilities 2023: $0Net Assets 2023: $92,7342023Assets 2024: $218,807Liabilities 2024: $45Net Assets 2024: $218,7622024

Highlighted filing

2014

Assets$69,005
Liabilities$22
Net Assets$68,983

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2012: $481,6772012Revenue 2013: $120,328Expenses 2013: $244,938Net Income 2013: -$124,6102013Revenue 2014: $341,078Expenses 2014: $308,033Net Income 2014: $33,0452014Revenue 2015: $414,176Expenses 2015: $408,171Net Income 2015: $6,0052015Revenue 2016: $389,811Expenses 2016: $374,974Net Income 2016: $14,8372016Revenue 2017: $367,819Expenses 2017: $404,485Net Income 2017: -$36,6662017Revenue 2018: $430,711Expenses 2018: $404,626Net Income 2018: $26,0852018Revenue 2019: $372,843Expenses 2019: $383,342Net Income 2019: -$10,4992019Revenue 2020: $166,610Expenses 2020: $155,248Net Income 2020: $11,3622020Revenue 2021: $119,668Expenses 2021: $158,096Net Income 2021: -$38,4282021Revenue 2022: $390,001Expenses 2022: $370,190Net Income 2022: $19,8112022Revenue 2023: $405,383Expenses 2023: $374,139Net Income 2023: $31,2442023Revenue 2024: $642,444Expenses 2024: $516,416Net Income 2024: $126,0282024

Highlighted filing

2014

Revenue$341,078
Expenses$308,033
Net Income$33,045
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Mar 17, 2015
Return Version
2014v5.0
Gross Receipts
$341,078
Mission and Program Overview

Mission

Driver's edge is a non-profit organization and public charity dedicated to one simple thing - teaching young drivers what's not being taught in traditional driver's education. Our sole mission is to help save lives with our unique and innovative behind the wheel program.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$42,618$68,377▲ $25,759
Land, Buildings, and Equipment, Net$1,117$628▼ $489
Total Assets$43,735$69,005▲ $25,270
Liabilities
Accounts Payable and Accrued Expenses$7,797$22▼ $7,775
Total Liabilities$7,797$22▼ $7,775
Net Assets / Fund Balance
Unrestricted Net Assets$35,938$68,983▲ $33,045
Total Net Assets Fund Balance$35,938$68,983▲ $33,045
Total Liabilities and Net Assets / Fund Balance$43,735$69,005▲ $25,270

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$628$36,338$36,966
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeff PayneCEOFT$22,350$4,349$26,699
Steven TepperCOOFT$12,450$7,738$20,188
Revenue and Support

Revenue Composition

Contributions and Grants
$341,078
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$341,078
Change in Net Assets
$33,045
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$257,436
Salaries, Compensation, and Employee Benefits$50,597
Total Fundraising Expense$9,044
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$92,871$1,844-$94,715
Travel$76,303$239$423$76,965
Current Officers, Directors, Trustees, and Key Employees$28,132$14,066$4,689$46,887
Office Expenses$3,613$13,761$602$17,976
Insurance$9,074$7,049$1,513$17,636
Occupancy$3,034$1,517$505$5,056
Payroll Taxes$2,226$1,113$371$3,710
Fees for Services Accounting-$3,000-$3,000
Information Technology--$856$856
Depreciation Depletion$293$146$49$488
Fees for Services Legal-$420-$420
Other Expenses$3,818-$36$36
Total Functional Expenses$255,834$43,155$9,044$308,033
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The board of directors will review and approved the form 990 before it is signed and filed with the irs.

Form 990, Page 6, Part VI, Line 19

Governing documents are provided upon request.

Filing and Contact Details

Filer

Filer Name
Payne Foundation
EIN
88-0396368
Phone
7028966482
Address
7435 S EASTERN SUITE 5-165, LAS VEGAS, NV 89123
Doing Business As
DRIVER'S EDGE

Signing Officer

Name
Jeff Payne
Title
CEO
Phone
7028966482
Signed
2015-03-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Tepper
Formed
1999
Legal Domicile
Nv
Voting Board Members
2
Independent Board Members
2
Employees
2
Volunteers
72

Preparer

Firm
Houldsworth Russo & Company Pc
Address
8675 S EASTERN AVE STE A, LAS VEGAS, NV 89123-2839
Preparer
Katie Hampton
Phone
7022699992
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Driver's edge is a non-profit organization and public charity dedicated to one simple thing - teaching young drivers what's not being taught in traditional driver's education. Our sole mission is to help save lives with our unique and innovative behind the wheel program.

Form 990, Part IX, Line 11G

Contract labor for event 91,800 0 0 payroll services 0 1,194 0 office labor 0 650 0 security 1,071 0 0

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DRIVER'S EDGE IS A NON-PROFIT ORGANIZATION AND PUBLIC CHARITY DEDICATED TO ONE SIMPLE THING - TEACHING YOUNG DRIVERS WHAT'S NOT BEING TAUGHT IN TRADITIONAL DRIVER'S EDUCATION. OUR SOLE MISSION IS TO HELP SAVE LIVES WITH OUR UNIQUE AND INNOVATIVE BEHIND THE WHEEL PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS WILL REVIEW AND APPROVED THE FORM 990 BEFORE IT IS SIGNED AND FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONTRACT LABOR FOR EVENT 91,800 0 0 PAYROLL SERVICES 0 1,194 0 OFFICE LABOR 0 650 0 SECURITY 1,071 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFF PAYNE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07028966482
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-03-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PAYNE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0PAYN
ReturnHeader/Filer/EIN0880396368
ReturnHeader/Filer/PhoneNum07028966482
ReturnHeader/Filer/USAddress/AddressLine1Txt07435 S EASTERN SUITE 5-165
ReturnHeader/Filer/USAddress/CityNm0LAS VEGAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NV
ReturnHeader/Filer/USAddress/ZIPCd089123
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0880374623
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOULDSWORTH RUSSO & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08675 S EASTERN AVE STE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAS VEGAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0891232839
ReturnHeader/PreparerPersonGrp/PhoneNum07022699992
ReturnHeader/PreparerPersonGrp/PreparationDt02015-10-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KATIE HAMPTON
ReturnHeader/ReturnTs02015-10-16T18:04:35-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.19$0.00$2.19$6.42$5.16$1.26
2023Summary only. Only limited summary data is available for this year.$0.93$0.00$0.93$4.05$3.74$0.31
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.00$0.61$3.90$3.70$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.42$0.00$0.42$1.20$1.58$0.38
2020Summary only. Only limited summary data is available for this year.$0.80$0.00$0.80$1.67$1.55$0.11
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.00$0.69$3.73$3.83$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.79$0.00$0.79$4.31$4.05$0.26
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.01$0.53$3.68$4.04$0.37
2016Summary only. Only limited summary data is available for this year.$0.90$0.00$0.90$3.90$3.75$0.15
2015Summary only. Only limited summary data is available for this year.$0.77$0.02$0.75$4.14$4.08$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$3.41$3.08$0.33
2013Detailed filing. Detailed filing data is available for this year.$0.44$0.08$0.36$1.20$2.45$1.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.61$0.00$1.61$4.82