Civic Intelligence

Ballard High School Foundation

990 • Fiscal year 2016 • EIN 91-1811275

Jul 01, 2015 to Jun 30, 2016 • Filed on Sep 27, 2016

PO Box 17626Seattle, WA 98127

(206) 612-9883

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.11x

Higher debt load relative to assets than 62% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

79th percentile

0.31x

Higher debt load relative to revenue than 79% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

12th percentile

-25%

Higher net margin than 12% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

14th percentile

-12%

Faster asset growth than 14% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

17th percentile

-20%

Faster revenue growth than 17% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$576,363

Down $80,881 (-12%) from 2015

Net Assets

Down

$515,785

Down $79,630 (-13%) from 2015

Liabilities

Down

$60,578

Down $1,251 (-2.0%) from 2015

Revenue

Down

$196,957

Down $49,909 (-20%) from 2015

Expenses

Down

$246,195

Down $15,143 (-5.8%) from 2015

Net Income

Down

-$49,238

Down $34,766 (-240%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $732,763Liabilities 2011: $43,350Net Assets 2011: $689,4132011Assets 2012: $584,924Liabilities 2012: $37,410Net Assets 2012: $547,5142012Assets 2013: $579,896Liabilities 2013: $14,895Net Assets 2013: $565,0012013Assets 2014: $653,197Liabilities 2014: $30,125Net Assets 2014: $623,0722014Assets 2015: $657,244Liabilities 2015: $61,829Net Assets 2015: $595,4152015Assets 2016: $576,363Liabilities 2016: $60,578Net Assets 2016: $515,7852016Assets 2017: $586,013Liabilities 2017: $6,385Net Assets 2017: $579,6282017Assets 2018: $788,417Liabilities 2018: $24,489Net Assets 2018: $763,9282018Assets 2019: $799,530Liabilities 2019: $44,643Net Assets 2019: $754,8872019Assets 2020: $937,062Liabilities 2020: $38,638Net Assets 2020: $898,4242020Assets 2021: $1,462,829Liabilities 2021: $249,847Net Assets 2021: $1,212,9822021Assets 2022: $1,471,074Liabilities 2022: $417,255Net Assets 2022: $1,053,8192022Assets 2023: $1,578,308Liabilities 2023: $202,925Net Assets 2023: $1,375,3832023Assets 2024: $1,923,631Liabilities 2024: $340,486Net Assets 2024: $1,583,1452024Assets 2025: $1,891,957Liabilities 2025: $640,115Net Assets 2025: $1,251,8422025

Highlighted filing

2016

Assets$576,363
Liabilities$60,578
Net Assets$515,785

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $209,6382011Expenses 2012: $368,6012012Revenue 2013: $201,964Expenses 2013: $222,640Net Income 2013: -$20,6762013Revenue 2014: $282,568Expenses 2014: $278,720Net Income 2014: $3,8482014Revenue 2015: $246,866Expenses 2015: $261,338Net Income 2015: -$14,4722015Revenue 2016: $196,957Expenses 2016: $246,195Net Income 2016: -$49,2382016Revenue 2017: $198,168Expenses 2017: $187,620Net Income 2017: $10,5482017Revenue 2018: $403,123Expenses 2018: $227,762Net Income 2018: $175,3612018Revenue 2019: $237,044Expenses 2019: $258,710Net Income 2019: -$21,6662019Revenue 2020: $403,561Expenses 2020: $255,103Net Income 2020: $148,4582020Revenue 2021: $466,666Expenses 2021: $681,880Net Income 2021: -$215,2142021Revenue 2022: $466,236Expenses 2022: $433,634Net Income 2022: $32,6022022Revenue 2023: $530,506Expenses 2023: $358,395Net Income 2023: $172,1112023Revenue 2024: $786,942Expenses 2024: $735,027Net Income 2024: $51,9152024Revenue 2025: $720,495Expenses 2025: $1,175,283Net Income 2025: -$454,7882025

Highlighted filing

2016

Revenue$196,957
Expenses$246,195
Net Income-$49,238
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Sep 27, 2016
Return Version
2015v2.0
Gross Receipts
$301,675
Mission and Program Overview

Mission

To provide funding for programs and projects on behalf of the new Ballard High School facility, the students and the faculty.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$142,685$92,324▼ $50,361
Pledges and Grants Receivable$32,612$12,912▼ $19,700
Land, Buildings, and Equipment, Net$608$9,620▲ $9,012
Cash and Non-Interest-Bearing Accounts$9,255$8,022▼ $1,233
Prepaid Expenses and Deferred Charges$2,122$4,675▲ $2,553
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$657,244$576,363▼ $80,881
Other Assets Total$469,962$448,810▼ $21,152
Liabilities
Accounts Payable and Accrued Expenses$50,534$43,838▼ $6,696
Deferred Revenue$11,295$16,740▲ $5,445
Total Liabilities$61,829$60,578▼ $1,251
Net Assets / Fund Balance
Permanently Rstr Net Assets$469,962$448,810▼ $21,152
Temporarily Rstr Net Assets$77,365$38,664▼ $38,701
Unrestricted Net Assets$48,088$28,311▼ $19,777
Total Net Assets Fund Balance$595,415$515,785▼ $79,630
Total Liabilities and Net Assets / Fund Balance$657,244$576,363▼ $80,881

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$9,620$376$9,996
Other Assets Org$448,810--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$469,962-▼ $15,239$5,913$448,810
2014$463,596$1,643▲ $10,494$5,771$469,962
2013$397,911$1,000▲ $69,988$5,303$463,596
2012$335,401$12,100▲ $55,663$5,253$397,911
2011$347,950$3,061▼ $11,296$4,314$335,401
Compensation and Service Providers

Board Members and Trustees

NameTitle
Judy Olson RikansrudPast President
Paul PlumisPresident
Gretchen Stroh ScheumannVice President
John BackesVice President
Richard Dick LeeVice President
Richard Dick MitchellVice President
Camden HallCouncel
C David HughbanksFounding Pres
OpenSecretary
OpenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$66,407
Program Service Revenue
$0
Investment Income
$9,403
Other Revenue
$121,147
All Other Contributions
$66,407
Change in Net Assets
$-49,238
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$246,195
Total Fundraising Expense$51,639
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$30,850-$46,750$30,850
Office Expenses$8,219$9,432$1,421$19,072
All Other Expenses$12,744-$3,468$16,212
Fees for Services Accounting-$13,781-$13,781
Insurance-$2,496-$2,496
Depreciation Depletion-$164-$164
Total Functional Expenses$168,683$25,873$51,639$246,195
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$195,954
Fundraising Direct Expenses$104,718
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$152,443$152,443$88,836$63,607
Athletic Breakfast$34,994$34,994$10,419$24,575
Total Events$195,954$195,954$104,718$91,236
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
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, Part VI, Line 11B: Form 990 Review Process

President and treasurer review return along with counsel for the foundation.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Made available upon request

Filing and Contact Details

Filer

Filer Name
Ballard High School Foundation
EIN
91-1811275
Phone
2066129883
Address
PO Box 17626, Seattle, WA 98127

Signing Officer

Name
Paul Plumis
Title
President
Signed
2016-09-27
Discuss with paid preparer
Yes

Organization Details

Formed
1997
Legal Domicile
Wa
Voting Board Members
67
Independent Board Members
67
Employees
0

Preparer

Firm
Ernest Jonson & Company PS
Address
216 Queen Anne Avenue N, Seattle, WA 98109
Preparer
Theresa J Christianson
Phone
2062852100
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Library project OTHER PROGRAM SERVICES 5: Other programs OTHER PROGRAM SERVICES 6: Maritime academy OTHER PROGRAM SERVICES 7: Gains program

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

The intent of the accounts is to grow the balance to at least $1 million and then to commence paying the income from the endowment to Ballard High School for specified activities and departments.

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.89$0.64$1.25$0.72$1.18$0.45
2024Detailed filing. Detailed filing data is available for this year.$1.92$0.34$1.58$0.79$0.74$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.58$0.20$1.38$0.53$0.36$0.17
2022Detailed filing. Detailed filing data is available for this year.$1.47$0.42$1.05$0.47$0.43$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.46$0.25$1.21$0.47$0.68$0.22
2020Detailed filing. Detailed filing data is available for this year.$0.94$0.04$0.90$0.40$0.26$0.15
2019Detailed filing. Detailed filing data is available for this year.$0.80$0.04$0.75$0.24$0.26$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.79$0.02$0.76$0.40$0.23$0.18
2017Detailed filing. Detailed filing data is available for this year.$0.59$0.01$0.58$0.20$0.19$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.58$0.06$0.52$0.20$0.25$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.66$0.06$0.60$0.25$0.26$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.65$0.03$0.62$0.28$0.28$0.00
2013Summary only. Only limited summary data is available for this year.$0.58$0.01$0.57$0.20$0.22$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.04$0.55$0.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.04$0.69$0.21