Civic Intelligence

Save a Mind Foundation

990 • Fiscal year 2013 • EIN 94-3437845

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 22, 2014

One Belmont Avenue No 60219006

(610) 632-4041

Siviq Scores

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

Liabilities / Assets

95th percentile

1.08x

Higher debt load relative to assets than 95% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

75th percentile

0.04x

Higher debt load relative to revenue than 75% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

32nd percentile

-4.2%

Higher net margin than 32% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

93rd percentile

$50,000

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 14.5% of source-year revenue.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

13th percentile

-35%

Faster asset growth than 13% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

79th percentile

31%

Faster revenue growth than 79% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Assets

Down

$13,138

Down $7,037 (-35%) from 2012

Net Assets

Down

-$1,047

Down $21,222 (-105%) from 2012

Liabilities

Up

$14,185

Up $14,185 from 2012

Revenue

Up

$344,772

Up $82,130 (+31%) from 2012

Expenses

Up

$359,118

Up $114,385 (+47%) from 2012

Net Income

Down

-$14,346

Down $32,255 (-180%) from 2012

Historical Trend

Balance Sheet Trend

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

$200K$100K$0-$100K-$200KAssets 2010: $81,593Liabilities 2010: $9,551Net Assets 2010: $72,0422010Assets 2011: $2,266Liabilities 2011: $0Net Assets 2011: $2,2662011Assets 2012: $20,175Liabilities 2012: $0Net Assets 2012: $20,1752012Assets 2013: $13,138Liabilities 2013: $14,185Net Assets 2013: -$1,0472013Assets 2014: $75,927Liabilities 2014: $6,941Net Assets 2014: $68,9862014Assets 2015: $41,979Liabilities 2015: $167,751Net Assets 2015: -$125,7722015Assets 2016: $16,139Liabilities 2016: $168,660Net Assets 2016: -$152,5212016Assets 2017: $33,127Liabilities 2017: $167,538Net Assets 2017: -$134,4112017Assets 2018: $20,442Liabilities 2018: $24,937Net Assets 2018: -$4,4952018

Highlighted filing

2013

Assets$13,138
Liabilities$14,185
Net Assets-$1,047

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $10,547Expenses 2010: $151,813Net Income 2010: -$141,2662010Revenue 2011: $82,788Expenses 2011: $153,864Net Income 2011: -$71,0762011Revenue 2012: $262,642Expenses 2012: $244,733Net Income 2012: $17,9092012Revenue 2013: $344,772Expenses 2013: $359,118Net Income 2013: -$14,3462013Revenue 2014: $526,501Expenses 2014: $456,469Net Income 2014: $70,0322014Revenue 2015: $189,206Expenses 2015: $383,964Net Income 2015: -$194,7582015Revenue 2016: $108,891Expenses 2016: $135,640Net Income 2016: -$26,7492016Revenue 2017: $365,832Expenses 2017: $347,722Net Income 2017: $18,1102017Revenue 2018: $458,175Expenses 2018: $328,259Net Income 2018: $129,9162018

Highlighted filing

2013

Revenue$344,772
Expenses$359,118
Net Income-$14,346
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 22, 2014
Return Version
2013v3.0
Gross Receipts
$344,772
Mission and Program Overview

Mission

Save a mind foundation seeks to increase the percentage of low income urban students who complete high school and continue as productive citizens.

Save a mind foundation seeks to increase the percentage of low income urban students who complete high school & continue as productive citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$18,850$11,027▼ $7,823
Accounts Receivable$1,325$1,325→ $0
Land, Buildings, and Equipment, Net$0$786▲ $786
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$20,175$-1,047▼ $21,222
Total Assets$20,175$13,138▼ $7,037
Liabilities
Accounts Payable and Accrued Expenses-$14,185-
Total Liabilities$0$14,185▲ $14,185
Net Assets / Fund Balance
Total Net Assets Fund Balance$20,175$-1,047▼ $21,222
Total Liabilities and Net Assets / Fund Balance$20,175$13,138▼ $7,037

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$786-$786
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Judy BrodySecretaryFT$50,000-$50,000
Nancy MartinoExecutive DirectorFT-$33,500$33,500

Board Members and Trustees

NameTitle
Lance T FunstonPresident
Christina FunstonVice President
Dr Dottie Ives-deweyBoard Member
Dr Howard StevensonBoard Member
Dr Noah TennantBoard Member
Dr Terrence RealBoard Member
Dr Warren F MataBoard Member
Mark I SolomonBoard Member
Brent FunstonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$230,145
Program Service Revenue
$0
Investment Income
$114,627
Other Revenue
$0
All Other Contributions
$230,145
Change in Net Assets
$-14,346

Audited Revenue Reconciliation

Revenue per Audited Statements
$344,772
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$344,772
Total Revenue per Form 990
$344,772
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$218,219
Salaries, Compensation, and Employee Benefits$83,500
Grants and Similar Amounts Paid$57,399
Total Fundraising Expense$24,175
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$53,350$11,725$18,425$83,500
Grants to Domestic Individuals$57,399--$57,399
Fees for Services Other$51,091$3,000-$54,091
Office Expenses$22,282$1,463$2,820$26,565
Fees for Services Accounting-$6,884-$6,884
Information Technology$1,856$3,152-$5,008
Advertising$1,065-$2,643$3,708
Fees for Services Legal-$2,632-$2,632
Other Expenses$137$667$137$667
Travel$165$81$39$285
Total Functional Expenses$304,259$30,684$24,175$359,118

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$359,118
Total Expenses per Audited Statements$359,118
Total Expenses per Form 990$359,118
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Lance Funston, FounderReimbursement of ExpensesNo$33,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

The president of the organization (lance funston) is married to the vice president (christina funston). The treasurer (brent funston) is the son of the president.

Form 990, Part VI, Section B, Line 11

The tax return is reviewed by the executive director in conjunction with the accounting firm that prepared the return.

Form 990, Part VI, Section C, Line 19

Financial statements are made available upon request.

Filing and Contact Details

Filer

EIN
94-3437845
Phone
6106324041

Signing Officer

Name
Lance Funston
Title
President
Phone
6106324041
Signed
2014-07-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lance T Funston
Formed
2008
Legal Domicile
Pa
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
0

Preparer

Preparer
Brian J Gallagher CPA
Phone
6109759122
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consulting: program development: program service expenses 50,790. Management and general expenses 0. Fundraising expenses 0. Total expenses 50,790. Other consulting: program service expenses 301. Management and general expenses 3,000. Fundraising expenses 0. Total expenses 3,301.

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IRS990/ReconcilationRevenueExpnssAmt0-14346
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt020175
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-1047
IRS990ScheduleA/FactsAndCircumstancesTestTxt0SAVE A MIND FOUNDATION SATISFIES BOTH OF THE REQUIREMENTS OF THE FACTS AND CIRCUMSTANCES TEST. THE PERCENTAGE OF SUPPORT RECEIVED FROM THE PUBLIC FOR 2013 WAS 19.42%, EXCEEDING THE TEST'S MINIMUM OF 10%. SEE LINE 14 OF SCHEDULE A, SECTION C. THE FOUNDATION IS STILL IN ITS EARLY YEARS OF EXISTENCE AND IS CONTINUING TO BROADEN ITS DONOR BASE, INCREASING ITS PERCENTAGE OF PUBLIC SUPPORT FROM 13.86% IN 2012.THE NEW EXECUTIVE DIRECTOR IS ACTVELY INVOLVED IN SEEKING OUT PUBLIC SUPPORT FROM VARIOUS SOURCES.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0230145
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0262642
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt081500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt010000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0280000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0864287
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0114627
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0230
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0230
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0115087
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.19420
IRS990ScheduleA/PublicSupportPY170Pct00.13860
IRS990ScheduleA/PublicSupportTotal170Amt0190161
IRS990ScheduleA/SubstantialContributorsTotAmt0674126
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0230145
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0262642
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt081500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt010000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0280000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0864287
IRS990ScheduleA/TotalSupportAmt0979374
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0786
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0786
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0359118
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0344772
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0786
IRS990ScheduleD/TotalExpensesPerForm990Amt0359118
IRS990ScheduleD/TotalRevenuePerForm990Amt0344772
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0344772
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0359118
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt057399
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt03
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine10FUNSTON MEDIA MANAGEMENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0LANCE FUNSTON, FOUNDER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt033500
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0REIMBURSEMENT OF EXPENSES
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT OF THE ORGANIZATION (LANCE FUNSTON) IS MARRIED TO THE VICE PRESIDENT (CHRISTINA FUNSTON). THE TREASURER (BRENT FUNSTON) IS THE SON OF THE PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TAX RETURN IS REVIEWED BY THE EXECUTIVE DIRECTOR IN CONJUNCTION WITH THE ACCOUNTING FIRM THAT PREPARED THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONSULTING: PROGRAM DEVELOPMENT: PROGRAM SERVICE EXPENSES 50,790. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 50,790. OTHER CONSULTING: PROGRAM SERVICE EXPENSES 301. MANAGEMENT AND GENERAL EXPENSES 3,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,301.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AL
IRS990/StatesWhereCopyOfReturnIsFldCd1AK
IRS990/StatesWhereCopyOfReturnIsFldCd2AR
IRS990/StatesWhereCopyOfReturnIsFldCd3AZ
IRS990/StatesWhereCopyOfReturnIsFldCd4CA
IRS990/StatesWhereCopyOfReturnIsFldCd5CT
IRS990/StatesWhereCopyOfReturnIsFldCd6FL
IRS990/StatesWhereCopyOfReturnIsFldCd7GA
IRS990/StatesWhereCopyOfReturnIsFldCd8KS
IRS990/StatesWhereCopyOfReturnIsFldCd9KY
IRS990/StatesWhereCopyOfReturnIsFldCd10MA
IRS990/StatesWhereCopyOfReturnIsFldCd11MD
IRS990/StatesWhereCopyOfReturnIsFldCd12ME
IRS990/StatesWhereCopyOfReturnIsFldCd13MI
IRS990/StatesWhereCopyOfReturnIsFldCd14MN
IRS990/StatesWhereCopyOfReturnIsFldCd15MO
IRS990/StatesWhereCopyOfReturnIsFldCd16MS
IRS990/StatesWhereCopyOfReturnIsFldCd17NC
IRS990/StatesWhereCopyOfReturnIsFldCd18ND
IRS990/StatesWhereCopyOfReturnIsFldCd19NH
IRS990/StatesWhereCopyOfReturnIsFldCd20NJ
IRS990/StatesWhereCopyOfReturnIsFldCd21NY
IRS990/StatesWhereCopyOfReturnIsFldCd22OH
IRS990/StatesWhereCopyOfReturnIsFldCd23OK
IRS990/StatesWhereCopyOfReturnIsFldCd24OR
IRS990/StatesWhereCopyOfReturnIsFldCd25PA
IRS990/StatesWhereCopyOfReturnIsFldCd26SC
IRS990/StatesWhereCopyOfReturnIsFldCd27UT
IRS990/StatesWhereCopyOfReturnIsFldCd28VA
IRS990/StatesWhereCopyOfReturnIsFldCd29WA
IRS990/StatesWhereCopyOfReturnIsFldCd30WI
IRS990/StatesWhereCopyOfReturnIsFldCd31WV
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt020175
IRS990/TotalAssetsEOYAmt013138
IRS990/TotalAssetsGrp/BOYAmt020175
IRS990/TotalAssetsGrp/EOYAmt013138
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0230145
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt024175
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt030684
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0304259
IRS990/TotalFunctionalExpensesGrp/TotalAmt0359118
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt014185
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt014185
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt020175
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1047
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0304259
IRS990/TotalReportableCompFromOrgAmt050000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0114627

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