Civic Intelligence

The Shield Foundation Inc

990 • Fiscal year 2023 • EIN 88-3602717

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 18, 2024

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

71st percentile

0.14x

Higher debt load relative to assets than 71% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

53rd percentile

0.03x

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

69th percentile

16%

Higher net margin than 69% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

98th percentile

$335,550

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 35.9% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

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

Annualized from 2022 to 2023

Revenue Growth

91st percentile

114%

Faster revenue growth than 91% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$175,119

Up $175,119 from 2022

Net Assets

Up

$150,135

Up $150,135 from 2022

Liabilities

Up

$24,984

Up $24,984 from 2022

Revenue

Up

$933,998

Up $498,560 (+114%) from 2022

Expenses

Up

$783,863

Up $348,425 (+80%) from 2022

Net Income

Up

$150,135

Up $150,135 from 2022

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

2023

Assets$175,119
Liabilities$24,984
Net Assets$150,135

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

2023

Revenue$933,998
Expenses$783,863
Net Income$150,135
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 18, 2024
Return Version
2023v5.1
Gross Receipts
$933,998
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
Cash and Non-Interest-Bearing Accounts-$164,486-
Rtn Earn Endowment Incm Other Fnds$0$150,135▲ $150,135
Prepaid Expenses and Deferred Charges-$10,633-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$175,119▲ $175,119
Liabilities
Accounts Payable and Accrued Expenses-$24,984-
Total Liabilities$0$24,984▲ $24,984
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$150,135▲ $150,135
Total Liabilities and Net Assets / Fund Balance$0$175,119▲ $175,119
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Tom Carter IiiCEO/treasurerFT$300,000$35,550$335,550

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$933,998
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$933,998
Change in Net Assets
$150,135
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$543,107
Other Expenses$240,756
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$285,000$15,000-$300,000
Other Salaries and Wages$131,308--$131,308
Fees for Services Other$82,724--$82,724
Other Employee Benefits$60,144$2,167-$62,311
Payroll Taxes$47,767$1,721-$49,488
Fees for Services Legal-$40,958-$40,958
Travel$38,234$1,700-$39,934
Advertising$29,931--$29,931
Information Technology$18,870--$18,870
Fees for Services Accounting-$12,060-$12,060
Insurance$8,233--$8,233
Occupancy$6,820--$6,820
Office Expenses-$1,226-$1,226
Total Functional Expenses$709,031$74,832$0$783,863
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
2024-07-18
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

For part of the year, required federal employment tax returns for the shield foundation, inc. Were filed by shields capital, llc under a compensation arrangement prior to the shield foundation, inc. Taking over that function.

Form 990, Part IX, Line 11G

Program consultants: program service expenses 82,724. Management and general expenses 0. Fundraising expenses 0. Total expenses 82,724.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FOR PART OF THE YEAR, REQUIRED FEDERAL EMPLOYMENT TAX RETURNS FOR THE SHIELD FOUNDATION, INC. WERE FILED BY SHIELDS CAPITAL, LLC UNDER A COMPENSATION ARRANGEMENT PRIOR TO THE SHIELD FOUNDATION, INC. TAKING OVER THAT FUNCTION.
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/ExplanationTxt6PROGRAM CONSULTANTS: PROGRAM SERVICE EXPENSES 82,724. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 82,724.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt00
IRS990/TotalAssetsEOYAmt0175119
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt0175119
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0933998
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt074832
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0709031
IRS990/TotalFunctionalExpensesGrp/TotalAmt0783863
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt024984
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt024984
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0150135
IRS990/TotalOtherCompensationAmt035550
IRS990/TotalProgramServiceExpensesAmt0709031
IRS990/TotalReportableCompFromOrgAmt0300000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0933998
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0175119
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01700
IRS990/TravelGrp/ProgramServicesAmt038234
IRS990/TravelGrp/TotalAmt039934
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/TrustedCustomerCd03
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/SignatureDt02024-07-18
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/IRSResponsiblePrtyInfoCurrInd00
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/PreparationDt02024-07-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CASSE TATE
ReturnHeader/ReturnTs02024-07-24T12:32:05-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SHIELDS JR
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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