Civic Intelligence

Friends of Silversource Inc.

990PF • Fiscal year 2019 • EIN 06-0646916

Mar 01, 2018 to Feb 28, 2019 • Filed on Jan 15, 2020

2009 Summer Street No 301Stamford, CT 06905

(203) 324-6584

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

Higher debt load relative to assets than 25% of similar nonprofits.

2019 filings • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

33rd percentile

0.06x

Higher debt load relative to revenue than 33% of similar nonprofits.

2019 filings • $10M-$25M nonprofits • Source year 2019

Net Margin

11th percentile

-36%

Higher net margin than 11% of similar nonprofits.

2019 filings • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

86th percentile

$113,500

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 12.3% of source-year revenue.

2019 filings • $10M-$25M nonprofits • Source year 2019

Asset Growth

18th percentile

-3.2%

Faster asset growth than 18% of similar nonprofits.

2019 filings • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

2nd percentile

-76%

Faster revenue growth than 2% of similar nonprofits.

2019 filings • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Down

$13,729,534

Down $458,734 (-3.2%) from 2018

Net Assets

Down

$13,671,643

Down $454,639 (-3.2%) from 2018

Liabilities

Down

$57,891

Down $4,095 (-6.6%) from 2018

Revenue

Down

$924,092

Down $2,963,759 (-76%) from 2018

Expenses

Up

$1,252,282

Up $8,098 (+0.7%) from 2018

Net Income

Down

-$328,190

Down $2,971,857 (-112%) from 2018

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2012: $12,415,568Liabilities 2012: $26,3642012Assets 2013: $13,354,203Liabilities 2013: $32,6092013Assets 2014: $13,938,125Liabilities 2014: $70,8542014Assets 2015: $13,979,105Liabilities 2015: $57,8832015Assets 2016: $12,370,690Liabilities 2016: $35,7692016Assets 2018: $14,188,268Liabilities 2018: $61,986Net Assets 2018: $14,126,2822018Assets 2019: $13,729,534Liabilities 2019: $57,891Net Assets 2019: $13,671,6432019Assets 2020: $13,666,539Liabilities 2020: $51,773Net Assets 2020: $13,614,7662020Assets 2021: $15,375,781Liabilities 2021: $96,258Net Assets 2021: $15,279,5232021Assets 2022: $15,352,228Liabilities 2022: $129,878Net Assets 2022: $15,222,3502022Assets 2023: $13,482,818Liabilities 2023: $119,431Net Assets 2023: $13,363,3872023Assets 2024: $15,113,944Liabilities 2024: $1,097,533Net Assets 2024: $14,016,4112024Assets 2025: $15,023,722Liabilities 2025: $976,398Net Assets 2025: $14,047,3242025

Highlighted filing

2019

Assets$13,729,534
Liabilities$57,891
Net Assets$13,671,643

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2012: $768,077Expenses 2012: $832,162Net Income 2012: -$64,0852012Revenue 2013: $1,475,880Expenses 2013: $928,284Net Income 2013: $547,5962013Revenue 2014: $821,946Expenses 2014: $912,536Net Income 2014: -$90,5902014Revenue 2015: $1,068,587Expenses 2015: $948,913Net Income 2015: $119,6742015Revenue 2016: $795,261Expenses 2016: $992,717Net Income 2016: -$197,4562016Revenue 2018: $3,887,851Expenses 2018: $1,244,184Net Income 2018: $2,643,6672018Revenue 2019: $924,092Expenses 2019: $1,252,282Net Income 2019: -$328,1902019Revenue 2020: $791,681Expenses 2020: $1,272,933Net Income 2020: -$481,2522020Revenue 2021: $1,092,010Expenses 2021: $1,424,536Net Income 2021: -$332,5262021Revenue 2022: $1,427,156Expenses 2022: $1,388,193Net Income 2022: $38,9632022Revenue 2023: $1,265,058Expenses 2023: $1,527,850Net Income 2023: -$262,7922023Revenue 2024: $1,410,755Expenses 2024: $1,842,771Net Income 2024: -$432,0162024Revenue 2025: $1,777,421Expenses 2025: $2,254,923Net Income 2025: -$477,5022025

Highlighted filing

2019

Revenue$924,092
Expenses$1,252,282
Net Income-$328,190
Jump To
Filing Snapshot
Filing Period
Mar 1, 2018 to Feb 28, 2019
Signed
Jan 15, 2020
Return Version
2018v3.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATHLEEN BORDELONExecutive DirectorFT$0$113,500$113,500
JEROME BERKMAN ESQChairman-$0--
PAULINE RAUHSecretary-$0--
TRACEY ALSTONVice Chair-$0--
ADELE GORDONVice Chair-$0--
MICHAEL G MEZZAPELLETreasurer-$0--
KAREN M KELLYTrustee-$0--
THOMAS R GETREUER DDSTrustee-$0--
ROBERT GOLDSTEINTrustee-$0--
CAROL BURNSTrustee-$0--
MAUREEN CACACETrustee-$0--
PETER W GARDNER MDTrustee-$0--
KARI POLLAKTrustee-$0--
GARY NEEMSTrustee-$0--
LEN SCHWARTZTrustee-$0--
PATRICIA SQUIRESTrustee-$0--
SHELIA L ROMANOWITZTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Silversource Inc
EIN
06-0646916
Phone
2033246584
Address
2009 SUMMER STREET NO 301, STAMFORD, CT 06905

Signing Officer

Name
Treasurer
Title
Executive Director
Phone
2033246584
Signed
2020-01-15
Discuss with paid preparer
Yes

Preparer

Firm
PKF O'CONNOR DAVIES LLP
Address
3001 SUMMER STREET 5TH FLOOR EAST, STAMFORD, CT 06905
Preparer
Robin Strong
Phone
2033232400
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InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt2VANGUARD - REAL ESTATE
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt3VANGUARD - MONEY MARKET
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt021600
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt14201118
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt2686748
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt3412552
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd0FMV
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd1FMV
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd2FMV
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd3FMV
IRS990PF/AnalysisIncomeProducingActyGrp/DivAndIntFromSecPartVIIGrp/ExclusionAmt0344282
IRS990PF/AnalysisIncomeProducingActyGrp/DivAndIntFromSecPartVIIGrp/ExclusionCd014
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionAmt0164581
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionCd018
IRS990PF/AnalysisIncomeProducingActyGrp/NetIncomeLossFromSpecialEvtGrp/ExclusionAmt0175276
IRS990PF/AnalysisIncomeProducingActyGrp/NetIncomeLossFromSpecialEvtGrp/ExclusionCd001
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc0MISC INCOME
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionAmt014412
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionCd001
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/RelatedOrExemptFunctionIncmAmt00
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/ExclusionAmt0698551
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/RelatedOrExemptFunctionIncmAmt00
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/UnrelatedBusinessTaxblIncmAmt00
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt0698551
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesAdjNetIncmAmt01600
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesChrtblPrpsAmt053901
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesNetInvstIncmAmt01600
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesRevAndExpnssAmt035751
IRS990PF/AnalysisOfRevenueAndExpenses/AdjustedNetIncomeAmt0446835
IRS990PF/AnalysisOfRevenueAndExpenses/CapGainNetIncmNetInvstIncmAmt0164581
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstAdjNetIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstDsbrsChrtblAmt0120127
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstRevAndExpnssAmt0120127
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt0268170
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt0268170
IRS990PF/AnalysisOfRevenueAndExpenses/ContriRcvdRevAndExpnssAmt0225541
IRS990PF/AnalysisOfRevenueAndExpenses/DeprecAndDpltnAdjNetIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/DeprecAndDpltnNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/DeprecAndDpltnRevAndExpnssAmt010831
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsAdjNetIncmAmt0344282
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsNetInvstIncmAmt0344282
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsRevAndExpnssAmt0344282
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt0-328190
IRS990PF/AnalysisOfRevenueAndExpenses/GrossSalesPriceAmt01604417
IRS990PF/AnalysisOfRevenueAndExpenses/NetGainSaleAstRevAndExpnssAmt0164581
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt0487016
IRS990PF/AnalysisOfRevenueAndExpenses/NetSTCapitalGainAdjNetIncmAmt013376
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyAdjNetIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyDsbrsChrtblAmt056110
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyRevAndExpnssAmt056110
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsAdjNetIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsDsbrsChrtblAmt0374275
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsRevAndExpnssAmt0374275
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesAdjNetIncmAmt078664
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesDsbrsChrtblAmt0145621
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt0224285
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeAdjNetIncmAmt0189688
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeRevAndExpnssAmt0189688
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesAdjNetIncmAmt020247
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesDsbrsChrtblAmt029919
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesNetInvstIncmAmt020247
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesRevAndExpnssAmt050166
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftAdjNetIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftDsbrsChrtblAmt067860
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftRevAndExpnssAmt067860
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesAdjNetIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesDsbrsChrtblAmt039757
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnssAmt044707
IRS990PF/AnalysisOfRevenueAndExpenses/TotalAdjNetIncmAmt0547346
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesAdjNetIncmAmt0100511
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt01155740
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt021847
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt01252282
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt0508863
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt0924092
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesAdjNetIncmAmt0100511
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt0887570
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt021847
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt0984112
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt0250000
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt120177
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt21169659
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt0151205
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt11635
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt211741
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt0151205
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt11635
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt211741
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt0401205
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt121812
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt21181400
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd0P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd1P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd2P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc0WELLS FARGO 757850 LT
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc1WELLS FARGO 757850 ST
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc2VANGUARD
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/SoldDt02019-02-28
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/SoldDt12019-02-28
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/SoldDt22019-02-28
IRS990PF/CapGainsLossTxInvstIncmDetail/CapitalGainNetIncomeAmt0164581
IRS990PF/CapGainsLossTxInvstIncmDetail/NetShortTermCapitalGainLossAmt013376
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt0-328190
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherDecreasesAmt0129030
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherIncreasesAmt02581
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt013800673
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt014126282
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt013671643
IRS990PF/DistributableAmountGrp/Sect4942j3j5FndtnAndFrgnOrgInd0X
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/AppliedToESTaxAmt04718
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/BackupWithholdingWithheldAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/DomesticOrgMeetingSect4940eInd0X
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EsPenaltyAmt012
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EstimatedPlusOvpmtIncmTxAmt04600
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/ExtsnRequestIncomeTaxPaidAmt05000
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt04870
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/OverpaymentAmt04718
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/RefundAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtitleATaxAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtotalAmt04870
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt04870
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxUnderSection511Amt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TotalPaymentsAndCreditsAmt09600
IRS990PF/FMVAssetsEOYAmt013729534

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.0$0.98$14.0$1.78$2.25$0.48
2024Detailed filing. Detailed filing data is available for this year.$15.1$1.10$14.0$1.41$1.84$0.43
2023Detailed filing. Detailed filing data is available for this year.$13.5$0.12$13.4$1.27$1.53$0.26
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.4$0.13$15.2$1.43$1.39$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.4$0.10$15.3$1.09$1.42$0.33
2020Detailed filing. Detailed filing data is available for this year.$13.7$0.05$13.6$0.79$1.27$0.48
2019Detailed filing. Detailed filing data is available for this year.$13.7$0.06$13.7$0.92$1.25$0.33
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.2$0.06$14.1$3.89$1.24$2.64
2016Summary only. Only limited summary data is available for this year.$12.4$0.04$0.80$0.99$0.20
2015Summary only. Only limited summary data is available for this year.$14.0$0.06$1.07$0.95$0.12
2014Summary only. Only limited summary data is available for this year.$13.9$0.07$0.82$0.91$0.09
2013Summary only. Only limited summary data is available for this year.$13.4$0.03$1.48$0.93$0.55
2012Summary only. Only limited summary data is available for this year.$12.4$0.03$0.77$0.83$0.06