Civic Intelligence

Ocean Beach School District Foundation

990 • Fiscal year 2014 • EIN 94-3145212

Jan 01, 2014 to Dec 31, 2014 • Filed on Sep 04, 2015

PO Box 1377Long Beach, WA 98631

(360) 642-0878

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Higher debt load relative to assets than 14% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

15th percentile

0.00x

Higher debt load relative to revenue than 15% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

97th percentile

81%

Higher net margin than 97% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

36th percentile

$10,200

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

80th percentile

17%

Faster asset growth than 80% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

97th percentile

202%

Faster revenue growth than 97% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,820,115

Up $270,643 (+17%) from 2013

Net Assets

Up

$1,819,655

Up $270,716 (+17%) from 2013

Liabilities

Down

$460

Down $73 (-14%) from 2013

Revenue

Up

$334,012

Up $223,286 (+202%) from 2013

Expenses

Up

$63,296

Up $28,872 (+84%) from 2013

Net Income

Up

$270,716

Up $194,414 (+255%) from 2013

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 2010: $845,220Liabilities 2010: $427Net Assets 2010: $844,7932010Assets 2011: $1,400,631Liabilities 2011: $472Net Assets 2011: $1,400,1592011Assets 2012: $1,481,195Liabilities 2012: $1,259Net Assets 2012: $1,479,9362012Assets 2013: $1,549,472Liabilities 2013: $533Net Assets 2013: $1,548,9392013Assets 2014: $1,820,115Liabilities 2014: $460Net Assets 2014: $1,819,6552014Assets 2015: $3,656,930Liabilities 2015: $460Net Assets 2015: $3,656,4702015Assets 2016: $3,699,103Liabilities 2016: $438Net Assets 2016: $3,698,6652016Assets 2017: $3,758,555Liabilities 2017: $438Net Assets 2017: $3,758,1172017Assets 2018: $4,392,118Liabilities 2018: $438Net Assets 2018: $4,391,6802018Assets 2019: $4,543,378Liabilities 2019: $438Net Assets 2019: $4,542,9402019Assets 2020: $4,635,578Liabilities 2020: $445Net Assets 2020: $4,635,1332020Assets 2021: $4,898,413Liabilities 2021: $445Net Assets 2021: $4,897,9682021Assets 2022: $4,990,615Liabilities 2022: $645Net Assets 2022: $4,989,9702022Assets 2023: $5,138,337Liabilities 2023: $645Net Assets 2023: $5,137,6922023Assets 2024: $5,302,774Liabilities 2024: $645Net Assets 2024: $5,302,1292024

Highlighted filing

2014

Assets$1,820,115
Liabilities$460
Net Assets$1,819,655

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0Revenue 2010: $75,816Expenses 2010: $45,981Net Income 2010: $29,8352010Revenue 2011: $596,848Expenses 2011: $41,482Net Income 2011: $555,3662011Expenses 2012: $46,2822012Revenue 2013: $110,726Expenses 2013: $34,424Net Income 2013: $76,3022013Revenue 2014: $334,012Expenses 2014: $63,296Net Income 2014: $270,7162014Revenue 2015: $1,891,302Expenses 2015: $54,487Net Income 2015: $1,836,8152015Revenue 2016: $159,016Expenses 2016: $116,822Net Income 2016: $42,1942016Revenue 2017: $202,931Expenses 2017: $143,479Net Income 2017: $59,4522017Revenue 2018: $718,755Expenses 2018: $85,192Net Income 2018: $633,5632018Revenue 2019: $242,922Expenses 2019: $91,662Net Income 2019: $151,2602019Revenue 2020: $200,402Expenses 2020: $108,209Net Income 2020: $92,1932020Revenue 2021: $429,370Expenses 2021: $166,535Net Income 2021: $262,8352021Revenue 2022: $277,312Expenses 2022: $185,310Net Income 2022: $92,0022022Revenue 2023: $320,849Expenses 2023: $173,127Net Income 2023: $147,7222023Revenue 2024: $370,277Expenses 2024: $205,840Net Income 2024: $164,4372024

Highlighted filing

2014

Revenue$334,012
Expenses$63,296
Net Income$270,716
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Sep 4, 2015
Return Version
2014v5.0
Gross Receipts
$464,186
Mission and Program Overview

Mission

To provide ongoing support for expanded educational opportunities for the students of the Ocean Beach School District.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,548,939$1,819,655▲ $270,716
Investments in Publicly Traded Securities$1,319,020$1,696,118▲ $377,098
Savings and Temporary Cash Investments$146,596$90,847▼ $55,749
Cash and Non-Interest-Bearing Accounts$80,234$31,627▼ $48,607
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,549,472$1,820,115▲ $270,643
Other Assets Total$3,622$1,523▼ $2,099
Liabilities
Accounts Payable and Accrued Expenses$533$460▼ $73
Total Liabilities$533$460▼ $73
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,548,939$1,819,655▲ $270,716
Total Liabilities and Net Assets / Fund Balance$1,549,472$1,820,115▲ $270,643

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$544,917-▲ $26,232-$570,999
2013$529,064-▲ $16,003-$544,917
2012$487,107-▲ $42,107-$529,064
2011-$500,000▼ $12,743-$487,107
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Elizabeth SloaneAdministratorPT$10,200$10,200

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$221,226
Program Service Revenue
$0
Investment Income
$94,725
Other Revenue
$18,061
All Other Contributions
$206,120
Change in Net Assets
$270,716
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$36,851
Other Expenses$15,399
Salaries, Compensation, and Employee Benefits$11,046
Total Fundraising Expense$200
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$30,851--$30,851
Current Officers, Directors, Trustees, and Key Employees-$10,200-$10,200
Fees for Service Investment Mgmnt Fees-$9,110-$9,110
Grants to Domestic Individuals$6,000--$6,000
Fees for Services Accounting-$2,215-$2,215
Insurance-$1,857-$1,857
Payroll Taxes-$846-$846
Office Expenses-$528-$528
Advertising--$200$200
Other Expenses-$50-$50
Total Functional Expenses$36,851$26,245$200$63,296
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ocean Beach School DistrictLong Beach, WA-Donations to the local school district to support education$30,851
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$27,998
Fundraising Direct Expenses$9,937
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$43,104$27,998$9,937$18,061
Total Events$43,104$27,998$9,937$18,061
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
Yes
Backup withholding compliance
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
No
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, Line 11B: Form 990 Review Process

The board of directors reviews the Form 990 prior to an officer signing the return.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All officers, directors and key employees are furnished a copy of the policy annually. At meetings officers, directors, and key employees are asked to disclose any conflicts of interest.

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

The organization's governing documents, conflict of interest policy and financial statements are available to the public during the tax year upon request.

Filing and Contact Details

Filer

Filer Name
Ocean Beach School District Foundation
EIN
94-3145212
Phone
3606420878
Address
PO BOX 1377, LONG BEACH, WA 98631

Signing Officer

Name
Guy M Glenn Jr
Title
President
Signed
2015-09-04
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
12
Independent Board Members
0
Employees
1
Volunteers
17

Preparer

Firm
Powell Seiler & Company PS
Address
912 W Robert Bush Dr Box 435, South Bend, WA 98586
Preparer
John W Powell CPA
Phone
3608756565
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt01819655
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt08907
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt08907
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt018061
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt018061
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt012667
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IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0528
IRS990/OfficeExpensesGrp/TotalAmt0528
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IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt03622
IRS990/OtherAssetsTotalGrp/EOYAmt01523
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Telephone & Internet
IRS990/OtherExpensesGrp/Desc1Licenses, Taxes & Fees
IRS990/OtherExpensesGrp/Desc2Postage and Shipping
IRS990/OtherExpensesGrp/Desc3Meeting Expense
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0980
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1367
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt292
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt350
IRS990/OtherExpensesGrp/TotalAmt0980
IRS990/OtherExpensesGrp/TotalAmt1367
IRS990/OtherExpensesGrp/TotalAmt292
IRS990/OtherExpensesGrp/TotalAmt350
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0846
IRS990/PayrollTaxesGrp/TotalAmt0846
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt040242
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt04250
IRS990/PYInvestmentIncomeAmt053317
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt018530
IRS990/PYOtherRevenueAmt017167
IRS990/PYRevenuesLessExpensesAmt076302
IRS990/PYSalariesCompEmpBnftPaidAmt011644
IRS990/PYTotalExpensesAmt034424
IRS990/PYTotalRevenueAmt0110726
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0270716
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01548939
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01819655
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0146596
IRS990/SavingsAndTempCashInvstGrp/EOYAmt090847
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0221226
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt040242
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt040214
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt044569
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt047088
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0393339
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt094725
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt048627
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt037752
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt019974
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt016331
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0217409
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.64400
IRS990ScheduleA/PublicSupportPY170Pct00.60300
IRS990ScheduleA/PublicSupportTotal170Amt0393339
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0221226
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt040242
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt040214
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt044569
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt047088
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0393339
IRS990ScheduleA/TotalSupportAmt0610748
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0150
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0544917
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0570999
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt026232
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0150
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0529064
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0544917
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt016003
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0150
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0487107
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0529064
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt042107
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0150
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0500000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0487107
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-12743
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt015106
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt015106
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt09937
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Auction
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt043104

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.30$0.00$5.30$0.37$0.21$0.16
2023Summary only. Only limited summary data is available for this year.$5.14$0.00$5.14$0.32$0.17$0.15
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.99$0.00$4.99$0.28$0.19$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.90$0.00$4.90$0.43$0.17$0.26
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.64$0.00$4.64$0.20$0.11$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.54$0.00$4.54$0.24$0.09$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.39$0.00$4.39$0.72$0.09$0.63
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.76$0.00$3.76$0.20$0.14$0.06
2016Summary only. Only limited summary data is available for this year.$3.70$0.00$3.70$0.16$0.12$0.04
2015Summary only. Only limited summary data is available for this year.$3.66$0.00$3.66$1.89$0.05$1.84
2014Detailed filing. Detailed filing data is available for this year.$1.82$0.00$1.82$0.33$0.06$0.27
2013Detailed filing. Detailed filing data is available for this year.$1.55$0.00$1.55$0.11$0.03$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.00$1.48$0.05
2011Summary only. Only limited summary data is available for this year.$1.40$0.00$1.40$0.60$0.04$0.56
2010Summary only. Only limited summary data is available for this year.$0.85$0.00$0.84$0.08$0.05$0.03