Civic Intelligence

The Shield Foundation Inc

990 • Fiscal year 2022 • EIN 88-3602717

Aug 04, 2022 to Dec 31, 2022 • Filed on Oct 31, 2023

1400 East Angela Blvd 134South Bend, IN 46617

(703) 461-1801

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

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

41st percentile

0.0%

Higher net margin than 41% of similar nonprofits.

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

Top Officer Pay

99th percentile

$216,414

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 49.7% 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

$0

No earlier filing loaded for comparison.

Net Assets

$0

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$435,438

No earlier filing loaded for comparison.

Expenses

$435,438

No earlier filing loaded for comparison.

Net Income

$0

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.

$200K$150K$100K$50K$0Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $175,119Liabilities 2023: $24,984Net Assets 2023: $150,1352023Assets 2024: $116,956Liabilities 2024: $51,326Net Assets 2024: $65,6302024

Highlighted filing

2022

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2022: $435,438Expenses 2022: $435,438Net Income 2022: $02022Revenue 2023: $933,998Expenses 2023: $783,863Net Income 2023: $150,1352023Revenue 2024: $807,873Expenses 2024: $892,378Net Income 2024: -$84,5052024

Highlighted filing

2022

Revenue$435,438
Expenses$435,438
Net Income$0
Jump To
Filing Snapshot
Filing Period
Aug 4, 2022 to Dec 31, 2022
Signed
Oct 31, 2023
Return Version
2022v5.0
Gross Receipts
$435,438
Mission and Program Overview

Mission

To assist former collegiate student athletes with their transition to a career outside of athletics and to provide them with resources to enhance their personal and professional development, assist and support their physical, behavioral and mental health as well as to provide assistance with their continuing education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$0→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$0$0→ $0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Tom Carter IiiCEO/treasurerFT$200,769$15,645$216,414

Board Members and Trustees

NameTitle
John Shields SrChairman/president
John Shields JrVice President/secretary
Patrick EilersDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$435,438
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$435,438
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$297,239
Other Expenses$138,199
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$205,594$10,820-$216,414
Fees for Services Other$73,244$5,440-$78,684
Other Salaries and Wages$58,497--$58,497
Fees for Services Legal-$27,221-$27,221
Travel$26,105$962-$27,067
Payroll Taxes$16,585$613-$17,198
Other Employee Benefits$5,130--$5,130
Occupancy$4,960--$4,960
Fees for Services Accounting-$267-$267
Total Functional Expenses$390,115$45,323$0$435,438
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
Annual disclosure for covered persons
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
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

John shields sr and john shields jr are father and son.

Form 990, Part VI, Section B, Line 11B

The organization's board of directors review a draft of the form 990, which is prepared by the organization's accounting firm. Any resultant comments and changes are incorporated into the form prior to its filing with the irs.

Form 990, Part VI, Section B, Line 12C

If the board of directors or committee has reasonable cause to believe that a director or member of a committee, as the case may be, has failed to disclose actual or possible conflicts of interest, it shall inform the director or committee member of the basis for such belief and afford the director or committee member an opportunity to explain the alleged failure to disclose. If, after hearing the response of the director or committee member and after making such further investigation as may be warranted by the circumstances, the board of directors or committee determines that the director or committee member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.

Form 990, Part VI, Section B, Line 15A

The board of directors establishes the compensation of the chief executive officer on an annual basis. The board of directors reviewed compensation data for comparable organizations and have documented relevant findings and approvals in their files.

Form 990, Part VI, Section C, Line 19

Organizational documents are available upon request

Filing and Contact Details

Filer

Filer Name
The Shield Foundation Inc
EIN
88-3602717
Phone
7034611801
Address
1400 EAST ANGELA BLVD 134, SOUTH BEND, IN 46617

Signing Officer

Name
John Shields Jr
Title
Vice President/secretary
Phone
7034311801
Signed
2023-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Shields Jr
Formed
2022
Legal Domicile
In
Voting Board Members
4
Independent Board Members
3
Employees
3
Volunteers
3

Preparer

Firm
Ksm Business Services Inc
Address
PO BOX 40857, INDIANAPOLIS, IN 46240
Preparer
Casse Tate
Phone
3175802000
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 2B

All required federal employment tax returns for the shield foundation, inc. Were filed by shields capital, llc under a compensation arrangement for the 2022 short period.

Form 990, Part IX, Line 11G

Psych hub: program service expenses 5,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,000. Virtual, inc.: program service expenses 19,744. Management and general expenses 0. Fundraising expenses 0. Total expenses 19,744. Consulting: program service expenses 48,500. Management and general expenses 5,440. Fundraising expenses 0. Total expenses 53,940.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE SHIELD FOUNDATION WAS ESTABLISHED ON 08/04/2022 MAKING THE 2022 TAX YEAR A SHORT YEAR.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART VI
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL REQUIRED FEDERAL EMPLOYMENT TAX RETURNS FOR THE SHIELD FOUNDATION, INC. WERE FILED BY SHIELDS CAPITAL, LLC UNDER A COMPENSATION ARRANGEMENT FOR THE 2022 SHORT PERIOD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1JOHN SHIELDS SR AND JOHN SHIELDS JR ARE FATHER AND SON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S BOARD OF DIRECTORS REVIEW A DRAFT OF THE FORM 990, WHICH IS PREPARED BY THE ORGANIZATION'S ACCOUNTING FIRM. ANY RESULTANT COMMENTS AND CHANGES ARE INCORPORATED INTO THE FORM PRIOR TO ITS FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IF THE BOARD OF DIRECTORS OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT A DIRECTOR OR MEMBER OF A COMMITTEE, AS THE CASE MAY BE, HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE DIRECTOR OR COMMITTEE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE DIRECTOR OR COMMITTEE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE RESPONSE OF THE DIRECTOR OR COMMITTEE MEMBER AND AFTER MAKING SUCH FURTHER INVESTIGATION AS MAY BE WARRANTED BY THE CIRCUMSTANCES, THE BOARD OF DIRECTORS OR COMMITTEE DETERMINES THAT THE DIRECTOR OR COMMITTEE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS ESTABLISHES THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER ON AN ANNUAL BASIS. THE BOARD OF DIRECTORS REVIEWED COMPENSATION DATA FOR COMPARABLE ORGANIZATIONS AND HAVE DOCUMENTED RELEVANT FINDINGS AND APPROVALS IN THEIR FILES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ORGANIZATIONAL DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PSYCH HUB: PROGRAM SERVICE EXPENSES 5,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,000. VIRTUAL, INC.: PROGRAM SERVICE EXPENSES 19,744. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,744. CONSULTING: PROGRAM SERVICE EXPENSES 48,500. MANAGEMENT AND GENERAL EXPENSES 5,440. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 53,940.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART V, LINE 2B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
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IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt015645
IRS990/TotalProgramServiceExpensesAmt0390115
IRS990/TotalReportableCompFromOrgAmt0200769
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0435438
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0962
IRS990/TravelGrp/ProgramServicesAmt026105
IRS990/TravelGrp/TotalAmt027067
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01400 EAST ANGELA BLVD 134
IRS990/USAddress/CityNm0SOUTH BEND
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046617
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0THESHIELDFOUNDATION.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN SHIELDS JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT/SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum07034311801
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE SHIELD FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SHIE
ReturnHeader/Filer/EIN0883602717
ReturnHeader/Filer/PhoneNum07034611801
ReturnHeader/Filer/USAddress/AddressLine1Txt01400 EAST ANGELA BLVD 134
ReturnHeader/Filer/USAddress/CityNm0SOUTH BEND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046617
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0352123203
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KSM BUSINESS SERVICES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 40857
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0INDIANAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046240
ReturnHeader/PreparerPersonGrp/PhoneNum03175802000
ReturnHeader/PreparerPersonGrp/PreparationDt02023-10-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CASSE TATE
ReturnHeader/ReturnTs02023-11-07T09:04:42-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SHIELDS JR
ReturnHeader/TaxPeriodBeginDt02022-08-04
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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