Civic Intelligence

Scherman Family Foundation

EIN 94-3316249 • Greenbrae, CA

9 La Cuesta DriveGreenbrae, CA 94904
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2016

Liabilities / Revenue

66th percentile

0.00x

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

<$500k nonprofits • Source year 2016

Net Margin

40th percentile

-3.2%

Higher net margin than 40% of similar nonprofits.

<$500k nonprofits • Source year 2016

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

<$500k nonprofits • Source year 2016

Asset Growth

12th percentile

-100%

Faster asset growth than 12% of similar nonprofits.

<$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

11th percentile

-76%

Faster revenue growth than 11% of similar nonprofits.

<$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$0

Down $43 (-100%) from 2015

Liabilities

Flat

$0

Flat from 2015

Net Assets

Down

$0

Down $43 (-100%) from 2015

Revenue

Down

$1,325

Down $4,230 (-76%) from 2015

Expenses

Down

$1,368

Down $20,802 (-94%) from 2015

Net Income

Up

-$43

Up $16,572 (+100%) from 2015

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2011: $65,469Liabilities 2011: $02011Assets 2012: $50,004Liabilities 2012: $02012Assets 2013: $39,185Liabilities 2013: $5Net Assets 2013: $39,1802013Assets 2014: $16,658Liabilities 2014: $0Net Assets 2014: $16,6582014Assets 2015: $43Liabilities 2015: $0Net Assets 2015: $432015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2016

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40K$20K$0-$20K-$40KRevenue 2011: $6,610Expenses 2011: $22,616Net Income 2011: -$16,0062011Revenue 2012: $7,195Expenses 2012: $22,660Net Income 2012: -$15,4652012Revenue 2013: $9,578Expenses 2013: $20,402Net Income 2013: -$10,8242013Revenue 2014: $6,227Expenses 2014: $28,749Net Income 2014: -$22,5222014Revenue 2015: $5,555Expenses 2015: $22,170Net Income 2015: -$16,6152015Revenue 2016: $1,325Expenses 2016: $1,368Net Income 2016: -$432016

Highlighted filing

2016

Revenue$1,325
Expenses$1,368
Net Income-$43

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 12, 2017
Return Version
2016v3.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charlotte SchermanSecretary/Treas-$0--
Filing and Contact Details

Filer

Filer Name
Scherman Family Foundation
EIN
94-3316249
Phone
4154614826
Address
9 La Cuesta Drive, Greenbrae, CA 94904

Signing Officer

Name
Charlotte Scherman
Title
Secretary/Treas
Signed
2017-07-12
Discuss with paid preparer
Yes

Preparer

Firm
Sheryl Clark CPA
Address
57 Post Street Suite 809, SAN FRANCISCO, CA 94104
Preparer
Sheryl Clark
Phone
4158288496
Raw XML Appendix196 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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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0Charlotte Scherman
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0Secretary/Treas
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LiquidationExplanationStmt/ExplanationTxt0Voluntarily terminating private foundation status under section 507(a)(1). Private foundation believes that no tax will be due upon termination in accordance with section 507(c) which states tax imposed is the lower of (1) the amount that the private foundation substantiates by adequate records or other corroborating evidence as the aggregate tax benefit resulting from the 501(c)(3) status of such foundation, or (2) the value of the net assets of the foundation. The private foundation has determined that it qualifies to compute it termination tax under 507 (c) (2) value of its net assets. The private foundations net assets were used in full to pay for operating expenses of the foundation during the year 2016. Therefore, the value of the private foundations net assets was zero as of 12/31/2016 resulting in $0 termination tax computed and due. Notice of intent to terminate private foundation status has been sent to the Manager of Exempt Organizations.
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TaxesSchedule/TaxesDetail/CategoryTxt1State Filing Fees
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TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt119
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Charlotte Scherman
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary/Treas
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-07-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Scherman Family Foundation
ReturnHeader/Filer/BusinessNameControlTxt0SCHE
ReturnHeader/Filer/EIN0943316249
ReturnHeader/Filer/PhoneNum04154614826
ReturnHeader/Filer/USAddress/AddressLine1Txt09 La Cuesta Drive
ReturnHeader/Filer/USAddress/CityNm0Greenbrae
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094904
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SHERYL CLARK CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt057 Post Street Suite 809
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN FRANCISCO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094104
ReturnHeader/PreparerPersonGrp/PhoneNum04158288496
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Sheryl Clark
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-07-12T13:52:59-07:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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