Civic Intelligence

Dolly Green Research Foundation

EIN 95-4522812 • 501(c)3 • Arcadia, CA

Profile

Support equine medical research

PO Box 1728Arcadia, CA 91077
Siviq Scores

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

Liabilities / Assets

80th percentile

0.43x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

95th percentile

3.58x

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

8th percentile

-42%

Higher net margin than 8% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

92nd percentile

$75,680

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 22.7% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

22nd percentile

-5.1%

Faster asset growth than 22% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

96th percentile

212%

Faster revenue growth than 96% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets80th percentile

Assets

Down

$2,768,883

Down $149,232 (-5.1%) from 2024

Liabilities

Up

$1,194,960

Up $104,352 (+9.6%) from 2024

Net Assets

Down

$1,573,923

Down $253,584 (-14%) from 2024

Operations
Liabilities / Revenue95th percentileNet Margin8th percentile

Revenue

Up

$333,726

Up $226,892 (+212%) from 2024

Expenses

Up

$473,252

Up $338,252 (+251%) from 2024

Net Income

Down

-$139,526

Down $111,360 (-395%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth22nd percentile

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

$3.0M$2.0M$1.0M$0Assets 2012: $1,653,712Liabilities 2012: $585,238Net Assets 2012: $1,068,4742012Assets 2013: $1,708,757Liabilities 2013: $625,701Net Assets 2013: $1,083,0562013Assets 2014: $1,995,100Liabilities 2014: $779,431Net Assets 2014: $1,215,6692014Assets 2015: $2,028,714Liabilities 2015: $798,720Net Assets 2015: $1,229,9942015Assets 2016: $2,000,956Liabilities 2016: $852,245Net Assets 2016: $1,148,7112016Assets 2017: $2,185,877Liabilities 2017: $864,769Net Assets 2017: $1,321,1082017Assets 2018: $2,426,887Liabilities 2018: $890,029Net Assets 2018: $1,536,8582018Assets 2019: $2,679,948Liabilities 2019: $995,055Net Assets 2019: $1,684,8932019Assets 2020: $2,036,083Liabilities 2020: $868,656Net Assets 2020: $1,167,4272020Assets 2021: $2,611,769Liabilities 2021: $974,943Net Assets 2021: $1,636,8262021Assets 2022: $2,764,410Liabilities 2022: $1,041,921Net Assets 2022: $1,722,4892022Assets 2023: $2,550,587Liabilities 2023: $1,065,303Net Assets 2023: $1,485,2842023Assets 2024: $2,918,115Liabilities 2024: $1,090,608Net Assets 2024: $1,827,5072024Assets 2025: $2,768,883Liabilities 2025: $1,194,960Net Assets 2025: $1,573,9232025

Highlighted filing

2025

Assets$2,768,883
Liabilities$1,194,960
Net Assets$1,573,923
Open 2025 Filing

Operations Trend

Revenue Growth96th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2012: $83,737Expenses 2012: $98,780Net Income 2012: -$15,0432012Revenue 2013: $79,635Expenses 2013: $156,147Net Income 2013: -$76,5122013Revenue 2014: $72,325Expenses 2014: $176,526Net Income 2014: -$104,2012014Revenue 2015: $145,859Expenses 2015: $155,115Net Income 2015: -$9,2562015Revenue 2016: $23,279Expenses 2016: $89,706Net Income 2016: -$66,4272016Revenue 2017: $115,903Expenses 2017: $82,673Net Income 2017: $33,2302017Revenue 2018: $157,155Expenses 2018: $52,655Net Income 2018: $104,5002018Revenue 2019: $147,184Expenses 2019: $109,383Net Income 2019: $37,8012019Revenue 2020: $1,177,179Expenses 2020: $1,128,734Net Income 2020: $48,4452020Revenue 2021: $21,017Expenses 2021: $130,045Net Income 2021: -$109,0282021Revenue 2022: $55,576Expenses 2022: $99,642Net Income 2022: -$44,0662022Revenue 2023: $58,102Expenses 2023: $48,972Net Income 2023: $9,1302023Revenue 2024: $106,834Expenses 2024: $135,000Net Income 2024: -$28,1662024Revenue 2025: $333,726Expenses 2025: $473,252Net Income 2025: -$139,5262025

Highlighted filing

2025

Revenue$333,726
Expenses$473,252
Net Income-$139,526
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$2,768,883
Liabilities
$1,194,960
Net assets
$1,573,923
Revenue
$333,726
Expenses
$473,252
Net income
-$139,526
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.77$1.19$1.57$0.33$0.47$0.14
2024Detailed filing. Detailed filing data is available for this year.$2.92$1.09$1.83$0.11$0.14$0.03
2023Detailed filing. Detailed filing data is available for this year.$2.55$1.07$1.49$0.06$0.05$0.01
2022Detailed filing. Detailed filing data is available for this year.$2.76$1.04$1.72$0.06$0.10$0.04
2021Detailed filing. Detailed filing data is available for this year.$2.61$0.97$1.64$0.02$0.13$0.11
2020Detailed filing. Detailed filing data is available for this year.$2.04$0.87$1.17$1.18$1.13$0.05
2019Detailed filing. Detailed filing data is available for this year.$2.68$1.00$1.68$0.15$0.11$0.04
2018Detailed filing. Detailed filing data is available for this year.$2.43$0.89$1.54$0.16$0.05$0.10
2017Detailed filing. Detailed filing data is available for this year.$2.19$0.86$1.32$0.12$0.08$0.03
2016Detailed filing. Detailed filing data is available for this year.$2.00$0.85$1.15$0.02$0.09$0.07
2015Detailed filing. Detailed filing data is available for this year.$2.03$0.80$1.23$0.15$0.16$0.01
2014Summary only. Only limited summary data is available for this year.$2.00$0.78$1.22$0.07$0.18$0.10
2013Summary only. Only limited summary data is available for this year.$1.71$0.63$1.08$0.08$0.16$0.08
2012Summary only. Only limited summary data is available for this year.$1.65$0.59$1.07$0.08$0.10$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Aug 19, 2025
Return Version
2024v5.0
Gross Receipts
$933,001
Mission and Program Overview

Mission

Support equine medical research

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,698,314$2,515,719▼ $182,595
Savings and Temporary Cash Investments$219,801$249,490▲ $29,689
Total Assets$2,918,115$2,768,883▼ $149,232
Other Assets Total-$3,674-
Liabilities
Accounts Payable and Accrued Expenses$810,668$839,667▲ $28,999
Grants Payable$279,940$355,293▲ $75,353
Total Liabilities$1,090,608$1,194,960▲ $104,352
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,827,507$1,573,923▼ $253,584
Total Net Assets Fund Balance$1,827,507$1,573,923▼ $253,584
Total Liabilities and Net Assets / Fund Balance$2,918,115$2,768,883▼ $149,232
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleOtherTotal
Karen KlawitterC.e.o.$75,680$75,680

Board Members and Trustees

NameTitle
Joseph DowdPresident
Craig FravelBoard Member
Jennifer FinleyBoard Member
Richard MandellaBoard Member
Tim YakteenBoard Member
Dan SchifferSecretary
Tom RobbinsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$333,726
Other Revenue
$0
Change in Net Assets
$-139,526

Audited Revenue Reconciliation

Revenue per Audited Statements
$333,726
Total Revenue per Audited Statements
$333,726
Total Revenue per Form 990
$333,726
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$397,899
Grants and Similar Amounts Paid$75,353
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$75,353--$75,353
Fees for Services Other-$28,999-$28,999
Fees for Service Investment Mgmnt Fees-$24,286-$24,286
Other Expenses$344,584$30-$30
Total Functional Expenses$419,937$53,315$0$473,252

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$473,252
Total Expenses per Audited Statements$473,252
Total Expenses per Form 990$473,252
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Colorado State UniversityFort Collins, CO--$75,353
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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, Page 6, Part VI, Line 11B

“Board members are send a copy of the form 990 and requested to review the form before it is filed.”

Form 990, Page 6, Part VI, Line 12C

“Board members are to disclose any conflicts of interest at regular board meetings.”

Form 990, Page 6, Part VI, Line 19

“The organization makes the governing documents, conflict of interest policy and annual financial statements available to the public upon request at the organization offices.”

Filing and Contact Details

Filer

Filer Name
Dolly Green Research Foundation
EIN
95-4522812
Phone
6264457944
Address
PO BOX 1728, ARCADIA, CA 91077

Signing Officer

Name
Karen Klawitter
Title
C.e.o.
Phone
6264457944
Signed
2025-08-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Klawitter
Formed
1996
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Werner & Company Inc
Address
9587 ARROW ROUTE SUITE G, RANCHO CUCAMONGA, CA 91730
Preparer
Jeff L Werner
Phone
9097273076
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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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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFF L WERNER
ReturnHeader/ReturnTs02025-09-17T18:28:16-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-04-01
ReturnHeader/TaxPeriodEndDt02025-03-31
ReturnHeader/TaxYr02024

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