Skip to content
Nonprofiteer
← SOUTHEASTERN GUIDE DOGS INC ENDOWMENT TRUST

Form 990 for tax year 2023

Filed by SOUTHEASTERN GUIDE DOGS INC ENDOWMENT TRUST.

Totals

Total revenue
$351,735
Total expenses
$259,153
Contributions and grants received
$4,455
Grants paid
$226,852
Program service revenue
$0
Investment income
$347,280
Other revenue
$0
Total assets, end of year
$7,303,869
Total liabilities, end of year
$52,258
Net assets or fund balances, end of year
$7,251,611
Program services expenses (Part IX)
$226,852
Management and general expenses
$32,301
Fundraising expenses
$0
Program service expenses (Part III)
$226,852

Program services were 87.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $4,455

  • 3 · Investment income

    total $274,853 · excluded $274,853

  • 7a · Gross sales of assets other than inventory

    securities $951,310

  • 7b · Less cost or other basis and sales expenses

    securities $878,883

  • 7c · Gain or loss

    securities $72,427

  • 7d · Net gain or loss

    total $72,427 · excluded $72,427

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $226,852 · program services $226,852

  • 11f · Fees: investment management

    total $32,301 · management and general $32,301

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $70,232 · end of year $120,916

  • 11 · Investments: publicly traded securities

    beginning of year $4,929,183 · end of year $7,151,383

  • 15 · Other assets

    beginning of year $2,013,582 · end of year $31,570

  • 25 · Other liabilities

    beginning of year $41,712 · end of year $52,258

  • 28 · Net assets with donor restrictions

    beginning of year $6,971,285 · end of year $7,251,611

Mission and programs · 2023

Mission

To support the Operating Organization - Southeastern Guide Dogs, Inc. DBA Dogs Inc

  • The Endowment Trust accepts permanently restricted gifts, the income of which is used to support the operating organization - Dogs Inc which provides training of guide dogs for people with vision loss, service dogs for veterans with disabilities, and skilled companion dogs for children and adults facing significant challenges.

    Expenses $226,852 · Grants $226,852

As filed on the 2023 return.

Listed in Part VII

  • Alix Franzblau

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Jared Kremer

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Bobby Newman

    Chairman

    Total calculated
    $0
    Hours/week
    2

  • Tim Griffy

    Ex officio

    Total calculated
    $0
    Hours/week
    2

  • Titus Herman

    CEO OF SEGDI

    Total calculated
    $542,513
    From this org
    $0
    From related orgs
    $434,359
    Other
    $108,154
    Hours/week
    2

    Schedule J breakdown matched by us

    Base
    $0 + $359,359 related
    Bonus
    $0 + $75,000 related
    Other
    $0
    Deferred
    $0 + $88,049 related
    Nontaxable benefits
    $0 + $20,105 related
    Filer's total
    $0 + $542,513 related

  • Gloria Manzenberger

    Chief Financial Officer

    Total calculated
    $167,289
    From this org
    $0
    From related orgs
    $137,374
    Other
    $29,915
    Hours/week
    2

    Schedule J breakdown matched by us

    Base
    $0 + $117,374 related
    Bonus
    $0 + $20,000 related
    Other
    $0
    Deferred
    $0 + $7,705 related
    Nontaxable benefits
    $0 + $22,210 related
    Filer's total
    $0 + $167,289 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part II - Deferred Compensation Plan
During 2015, the organization adopted a deferred compensation agreement for the Chief Executive Officer under Internal Revenue Code 457. The organization's reserve under the deferred compensation plan totaled $328,524 for the year ended June 30, 2024, and is included in accrued expenses together with an amount representing investment earnings on the unpaid balance. This amount represents five years' worth of contributions/disbursements. The employee will have no rights nor will be paid until five years following each contribution date provided the employee has been employed by the organization continuously until that time.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
11 November 2024
IRS schema version
2023v5.1
Source object
202423199349315397

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.