Civic Intelligence

Fales Foundation Trust

990PF • Fiscal year 2021 • EIN 91-6087669

Feb 01, 2020 to Jan 31, 2021 • Filed on May 28, 2021

PO Box 52007Phoenix, AZ 85072

(206) 587-3688

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

30th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • $1M-$5M nonprofits • Source year 2021

Net Margin

7th percentile

-58%

Higher net margin than 7% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

64th percentile

$62,181

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 27.0% of source-year revenue.

2021 filings • $1M-$5M nonprofits • Source year 2021

Asset Growth

18th percentile

-2.7%

Faster asset growth than 18% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

10th percentile

-32%

Faster revenue growth than 10% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$4,768,760

Down $132,128 (-2.7%) from 2020

Net Assets

$4,768,760

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$230,389

Down $108,334 (-32%) from 2020

Expenses

Up

$363,182

Up $39,973 (+12%) from 2020

Net Income

Down

-$132,793

Down $148,307 (-956%) from 2020

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2012: $3,703,545Liabilities 2012: $02012Assets 2013: $3,671,880Liabilities 2013: $02013Assets 2014: $3,659,045Liabilities 2014: $02014Assets 2015: $3,669,203Liabilities 2015: $02015Assets 2016: $3,638,038Liabilities 2016: $02016Assets 2020: $4,900,888Liabilities 2020: $02020Assets 2021: $4,768,760Liabilities 2021: $0Net Assets 2021: $4,768,7602021Assets 2022: $4,813,479Liabilities 2022: $0Net Assets 2022: $4,813,4792022Assets 2023: $4,784,867Liabilities 2023: $0Net Assets 2023: $4,784,8672023Assets 2024: $4,927,306Liabilities 2024: $0Net Assets 2024: $4,927,3062024Assets 2025: $4,827,060Liabilities 2025: $0Net Assets 2025: $4,827,0602025

Highlighted filing

2021

Assets$4,768,760
Liabilities$0
Net Assets$4,768,760

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $301,612Expenses 2012: $253,053Net Income 2012: $48,5592012Revenue 2013: $234,157Expenses 2013: $265,823Net Income 2013: -$31,6662013Revenue 2014: $232,720Expenses 2014: $245,560Net Income 2014: -$12,8402014Revenue 2015: $311,726Expenses 2015: $300,570Net Income 2015: $11,1562015Revenue 2016: $240,652Expenses 2016: $265,685Net Income 2016: -$25,0332016Revenue 2020: $338,723Expenses 2020: $323,209Net Income 2020: $15,5142020Revenue 2021: $230,389Expenses 2021: $363,182Net Income 2021: -$132,7932021Revenue 2022: $382,628Expenses 2022: $326,026Net Income 2022: $56,6022022Revenue 2023: $368,278Expenses 2023: $392,442Net Income 2023: -$24,1642023Revenue 2024: $213,068Expenses 2024: $70,480Net Income 2024: $142,5882024Revenue 2025: $413,029Expenses 2025: $511,769Net Income 2025: -$98,7402025

Highlighted filing

2021

Revenue$230,389
Expenses$363,182
Net Income-$132,793
Jump To
Filing Snapshot
Filing Period
Feb 1, 2020 to Jan 31, 2021
Signed
May 28, 2021
Return Version
2020v4.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MUFG UNION BANK N ATrusteePT$62,181-$62,181
Filing and Contact Details

Filer

Filer Name
Fales Foundation Trust
EIN
91-6087669
Phone
2065873688
Address
PO BOX 52007, PHOENIX, AZ 85072

Signing Officer

Name
Trustee
Title
Director
Phone
2065873688
Signed
2021-05-28
Discuss with paid preparer
Yes

Preparer

Firm
Kpmg Llp
Address
60 E RIO SALADO PKWAY STE 800, TEMPE, AZ 85281-9125
Preparer
Bradley N Sprong
Phone
8008102207
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InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm83VANGUARD SMALL CAP GR VIPERS
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm84VANGUARD SMALL CAP ETF
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm85VANGUARD SMALL CAP VAL INDEX
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm86WORKDAY INCCL A
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt086973
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt1124218
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt2363330
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt374349
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt455652
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt579619
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt695196
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt7281653
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt853656
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt9185921
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt10156287
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt1127258
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt1255675
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt13150000
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt1450000
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt1584604
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt0AQR EQUITY MARKET NEUTRAL I
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt1DODGE & COX INTL STOCK FD
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt2ISHARES MSCI EMERGING MKT IDX
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt3LAZARD EMERG MKTS INSTL
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt4MFS INTL GROWTH FD CL I
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt5NUVEEN REAL EST SECS I
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt6PIMCO HIGH YIELD INSTL
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt7PIMCO TOTAL RETURN INSTL
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt8ISHARES MSCI EAFE ETF
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt9VNGRD SMALL-CAP VALUE INDEX
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt10VNGRD ST TERM INVMT GRADE ADM
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt11ISHARES U.S. PREF STK ETF
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt12AQR MDG FUTURES STRATEGY CL
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt13EATON VANCE EMER MKTS LOC
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt14EATON VANCE GLBL MACRO ABS R6
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt15EATON VANCE FLTG RT & HI INCM
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt16PIMCO INCOME FUND INSTL
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt17SPDR S&P 500 ETF TR UNIT
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt18VANGUARD FTSE DEVELOPED MKTS
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt19EATON VANCE GLBL MACR ABSOL RE
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt20ISHARES TR HDG MSCI EAFE
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt21ISHARES BROAD USD INV GRDE ETF
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt22BLACKSTONE ALTNV MLT STR FD CL
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt23NATIXIS ASG MGD FUT STRAT CL Y
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt24PRUDENTIAL TOTAL RTRN BD CL Q
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt25VANGUARD MID-CAP ETF
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt26WESTERN ASSET MAC OPP IS FD
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt27AQR STYLE PRMIA ALT CL R6
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt28BLACKROCK STRAT INC OPS CL K
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt29DODGE & COX STOCK FD
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt30T ROWE GWTH STK CL I FD
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt31VANGUARD FTSE EMRG MKRTS ETF
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt32VANGUARD SMALL-CAP ETF
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt33VANGUARD ULT-S/T ADMIRAL FD
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt34VANGUARD SMALL CAP GR VIPERS
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt35ISHARES CORE US AGGREGATE BD
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt089397
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt1121697
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt2379830
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt371915
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt454001
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt580840
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt692724
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt7278074
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt852917
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt9201993
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt10160031
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt1131064
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt1257406
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt13149897
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt1450350
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt1585050
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd0AT COST
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd1AT COST
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd2AT COST
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd3AT COST
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd4AT COST
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd5AT COST
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd6AT COST
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd7AT COST
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd8AT COST
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd9AT COST
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd10AT COST
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd11AT COST
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd12AT COST
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd13AT COST
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd14AT COST
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd15AT COST
IRS990PF/AnalysisIncomeProducingActyGrp/DivAndIntFromSecPartVIIGrp/ExclusionAmt0132867
IRS990PF/AnalysisIncomeProducingActyGrp/DivAndIntFromSecPartVIIGrp/ExclusionCd014
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionAmt096195
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionCd018
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc0FEDERAL TAX REFUND
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionAmt01327
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionCd01
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/ExclusionAmt0230389
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt0230389
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesAdjNetIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesChrtblPrpsAmt01000
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesRevAndExpnssAmt01000
IRS990PF/AnalysisOfRevenueAndExpenses/AdjustedNetIncomeAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/CapGainNetIncmNetInvstIncmAmt096195
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstDsbrsChrtblAmt015545
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstNetInvstIncmAmt046636
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstRevAndExpnssAmt062181
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt0292000
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt0292000
IRS990PF/AnalysisOfRevenueAndExpenses/DeprecAndDpltnNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/DeprecAndDpltnRevAndExpnssAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsNetInvstIncmAmt0122586
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsRevAndExpnssAmt0132867
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt0-132793
IRS990PF/AnalysisOfRevenueAndExpenses/GrossSalesPriceAmt0948841
IRS990PF/AnalysisOfRevenueAndExpenses/InterestDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/NetGainSaleAstRevAndExpnssAmt096195
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt0164144
IRS990PF/AnalysisOfRevenueAndExpenses/NetSTCapitalGainAdjNetIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsAdjNetIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesNetInvstIncmAmt05783
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt05783
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeRevAndExpnssAmt01327
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftAdjNetIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/PrintingAndPubAdjNetIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/PrintingAndPubNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/ScheduleBNotRequiredInd0X
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesNetInvstIncmAmt02218
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnssAmt02218
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesAdjNetIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt0308545
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt054637
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt0363182
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt0218781
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt0230389
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesAdjNetIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt016545
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt054637
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt071182
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingAdjNetIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingNetInvstIncmAmt00
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt02009-02-25
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt12011-02-16
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt22016-04-06
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt32017-08-08
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt42011-12-21
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt52016-04-06
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt62014-05-22
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt72009-06-02

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