Civic Intelligence

Shoreline Public Schools Foundation

990 • Fiscal year 2014 • EIN 91-1556631

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 05, 2014

18560 1st Ave NE98155

(206) 368-4107

Siviq Scores

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

Liabilities / Assets

38th percentile

0.01x

Higher debt load relative to assets than 38% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

47th percentile

0.03x

Higher debt load relative to revenue than 47% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

85th percentile

32%

Higher net margin than 85% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

53rd percentile

$20,000

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 7.7% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

74th percentile

15%

Faster asset growth than 74% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

70th percentile

18%

Faster revenue growth than 70% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2011 to 2014

Assets

Up

$681,989

Up $90,044 (+15%) from 2013

Net Assets

Up

$673,087

Up $82,022 (+14%) from 2013

Liabilities

Up

$8,902

Up $8,022 (+912%) from 2013

Revenue

$258,578

No earlier filing loaded for comparison.

Expenses

Up

$176,556

Up $38,331 (+28%) from 2013

Net Income

$82,022

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.

$1.5M$1.0M$500K$0Assets 2011: $472,450Liabilities 2011: $02011Assets 2012: $548,621Liabilities 2012: $0Net Assets 2012: $548,6212012Assets 2013: $591,945Liabilities 2013: $880Net Assets 2013: $591,0652013Assets 2014: $681,989Liabilities 2014: $8,902Net Assets 2014: $673,0872014Assets 2015: $642,478Liabilities 2015: $807Net Assets 2015: $641,6712015Assets 2016: $613,852Liabilities 2016: $139Net Assets 2016: $613,7132016Assets 2017: $713,167Liabilities 2017: $138Net Assets 2017: $713,0292017Assets 2018: $786,538Liabilities 2018: $138Net Assets 2018: $786,4002018Assets 2019: $832,836Liabilities 2019: $0Net Assets 2019: $832,8362019Assets 2020: $827,259Liabilities 2020: $1,040Net Assets 2020: $826,2192020Assets 2021: $1,121,811Liabilities 2021: $7,397Net Assets 2021: $1,114,4142021Assets 2022: $1,052,162Liabilities 2022: $0Net Assets 2022: $1,052,1622022Assets 2023: $1,169,591Liabilities 2023: $0Net Assets 2023: $1,169,5912023

Highlighted filing

2014

Assets$681,989
Liabilities$8,902
Net Assets$673,087

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $156,979Expenses 2011: $130,518Net Income 2011: $26,4612011Expenses 2012: $124,0292012Expenses 2013: $138,2252013Revenue 2014: $258,578Expenses 2014: $176,556Net Income 2014: $82,0222014Revenue 2015: $207,443Expenses 2015: $238,859Net Income 2015: -$31,4162015Revenue 2016: $206,836Expenses 2016: $234,794Net Income 2016: -$27,9582016Revenue 2017: $295,006Expenses 2017: $195,690Net Income 2017: $99,3162017Revenue 2018: $309,450Expenses 2018: $236,079Net Income 2018: $73,3712018Revenue 2019: $280,631Expenses 2019: $234,195Net Income 2019: $46,4362019Revenue 2020: $239,817Expenses 2020: $246,434Net Income 2020: -$6,6172020Revenue 2021: $478,419Expenses 2021: $190,224Net Income 2021: $288,1952021Revenue 2022: $196,828Expenses 2022: $259,080Net Income 2022: -$62,2522022Revenue 2023: $354,599Expenses 2023: $237,170Net Income 2023: $117,4292023

Highlighted filing

2014

Revenue$258,578
Expenses$176,556
Net Income$82,022
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 5, 2014
Return Version
2013v3.1
Gross Receipts
$266,515
Mission and Program Overview

Mission

SPSF raises funds to support academic excellence and expanded learning opportunities for P - 12 students in Shoreline Public Schools. SPSF grants funds to support expanded learning opportunities in three key areas Bridging the Achievement Gap Science, Technology, Engineering and Math STEM and Arts, Music Diversity Enrichment

Supporting educational programs, learning and teaching opportunities for schools, teachers and students in the Shoreline School District, Shoreline, WA

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$517,217$588,209▲ $70,992
Cash and Non-Interest-Bearing Accounts$52,452$56,508▲ $4,056
Savings and Temporary Cash Investments$19,386$19,406▲ $20
Prepaid Expenses and Deferred Charges-$16,000-
Land, Buildings, and Equipment, Net$2,890$1,866▼ $1,024
Total Assets$591,945$681,989▲ $90,044
Liabilities
Deferred Revenue-$6,000-
Accounts Payable and Accrued Expenses$880$2,902▲ $2,022
Total Liabilities$880$8,902▲ $8,022
Net Assets / Fund Balance
Unrestricted Net Assets$591,065$673,087▲ $82,022
Total Net Assets Fund Balance$591,065$673,087▲ $82,022
Total Liabilities and Net Assets / Fund Balance$591,945$681,989▲ $90,044

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$9,419--
Equipment$1,866$17,422-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cindy PridemoreDevelopment DirectorPT$20,000$20,000
Charlene CarlsonOffice ManagerPT$17,656$17,656

Board Members and Trustees

NameTitle
Jill BradyCo-President
Ken AltenaCo-President
Barb SwanTrustee
Laura TaylorTrustee
Lisa MuzzyTrustee
Maren NortonTrustee
Mary StephensonTrustee
Shelley BrodersenTrustee
Victoria BradyTrustee
Wes BrandonTrustee
Nancy WickstromSecretary
Peter HughesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$55,544
Program Service Revenue
$0
Investment Income
$76,553
Other Revenue
$126,481
All Other Contributions
$55,544
Change in Net Assets
$82,022

Audited Revenue Reconciliation

Revenue per Audited Statements
$258,578
Revenue Not Reported on Form 990
$8,179
Total Revenue per Audited Statements
$266,757
Total Revenue per Form 990
$258,578
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$110,942
Salaries, Compensation, and Employee Benefits$40,743
Other Expenses$24,871
Total Fundraising Expense$5,236
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$110,942--$110,942
Current Officers, Directors, Trustees, and Key Employees$28,828$8,828-$37,656
Fees for Service Investment Mgmnt Fees-$5,469-$5,469
Fees for Services Accounting-$3,770-$3,770
Payroll Taxes$2,363$724-$3,087
Other Expenses$1,819$2,813$5,236$2,813
Depreciation Depletion$1,059$1,059-$2,118
Insurance-$1,496-$1,496
All Other Expenses$49$61-$110
Total Functional Expenses$147,100$24,220$5,236$176,556

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$184,735
Expenses per Audited Statements$176,556
Total Expenses per Form 990$176,556
Expenses Not Reported on Form 990$8,179
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$134,418
Fundraising Direct Expenses$7,937
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$94,862$94,862-$94,862
Event 2$39,556$39,556-$39,556
Total Events$134,418$134,418$7,937$126,481
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Filing and Contact Details

Filer

EIN
91-1556631
Phone
2063684107

Signing Officer

Name
Peter Hughes
Title
Treasurer
Signed
2014-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ken Altena Treasurer
Formed
1992
Legal Domicile
Wa
Voting Board Members
14
Independent Board Members
14
Employees
2

Preparer

Preparer
Donald Bell
Phone
2065462345
Supplemental Narrative

Additional Explanations

Form 990, Part III, Section 2, Line 2

Not applicable

Raw XML AppendixShowing 400 of 479 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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IRS990/MissionDesc0To provide funding for enrichment and innovative teaching beyond the basic curriculum in all K-12 Shoreline schools. Due to decreased public funding, we are now helping to fund many basic educational needs. SPSF supports the Shoreline Public Schools in three primary areas - Summer School, Classroom Grants, and Building school-wide Grants.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Classroom grants fund curricula and school projects to enhance educational opportunities for K-12 students in the School Public School District. Examples include literary programs that encourage and motivate readers in primary libraries, funding for Read 180 books and diversity books for secondary libraries. Other grants fund elementary field trips to explore the impact of water and life in their communities, a telescope to expand students universe, and make history come to life with hands-on workshops to bring the past into our present. Secondary students created interactive science notebooks, similated earthquakes with shake tables, attended Shakespeare performances, visited colleges, and held a diversity festival. While these are just a few, grants vary in mission and scope. Grants bring an enhanced learning experience to the students of Shoreline Public Schools.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt081480
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IRS990/ProgSrvcAccomActy3Grp/Desc0Building school-wide grants seek to support K-12 instruction by funding curricula and programs that help meet the educational needs of students in our district. Theses grants are used for such things as student programs, assemblies, educational supplies or equipment, speakers, and staff training. Additionally, during the 2013-2014 school year, we gave each elementary school 400, each middle school 900, and each high school 1,700 to assist students in need with emergency school supplies, class fees, health checks, instrument rentals and camp registration. We also provided funding to give every 4th, 5th and 6th grade student in the district access to the internationally recognized IXL Math program that helps students practice math through games and skills exercises.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.00$1.17$0.35$0.24$0.12
2022Summary only. Only limited summary data is available for this year.$1.05$0.00$1.05$0.20$0.26$0.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.01$1.11$0.48$0.19$0.29
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.00$0.83$0.24$0.25$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$0.00$0.83$0.28$0.23$0.05
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.00$0.79$0.31$0.24$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.00$0.71$0.30$0.20$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.61$0.21$0.23$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$0.21$0.24$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.68$0.01$0.67$0.26$0.18$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.00$0.59$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.00$0.55$0.12
2011Summary only. Only limited summary data is available for this year.$0.47$0.00$0.16$0.13$0.03
Peer Organizations

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