Civic Intelligence

Fortunate Blessings Foundation Inc

990 • Fiscal year 2015 • EIN 06-1514203

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 20, 2016

409 Bantam RdLitchfield, CT 06759

(860) 567-8801

Siviq Scores

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

Liabilities / Assets

90th percentile

0.54x

Higher debt load relative to assets than 90% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

84th percentile

0.14x

Higher debt load relative to revenue than 84% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

42nd percentile

0.4%

Higher net margin than 42% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

7th percentile

-60%

Faster asset growth than 7% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

61st percentile

8.8%

Faster revenue growth than 61% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$46,113

Down $69,517 (-60%) from 2014

Net Assets

Down

$21,113

Down $59,776 (-74%) from 2014

Liabilities

Down

$25,000

Down $9,741 (-28%) from 2014

Revenue

Up

$184,385

Up $14,874 (+8.8%) from 2014

Expenses

Up

$183,703

Up $71,422 (+64%) from 2014

Net Income

Down

$682

Down $56,548 (-99%) from 2014

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: $16,716Liabilities 2010: $14,177Net Assets 2010: $2,5392010Assets 2011: $6,849Liabilities 2011: $22,191Net Assets 2011: -$15,3422011Assets 2012: $11,311Liabilities 2012: $42,898Net Assets 2012: -$31,5872012Assets 2013: $66,746Liabilities 2013: $56,2582013Assets 2014: $115,630Liabilities 2014: $34,741Net Assets 2014: $80,8892014Assets 2015: $46,113Liabilities 2015: $25,000Net Assets 2015: $21,1132015Assets 2016: $10,171Liabilities 2016: $83,324Net Assets 2016: -$73,1532016Assets 2017: $8,640Liabilities 2017: $87,891Net Assets 2017: -$79,2512017Assets 2018: $22,496Liabilities 2018: $89,503Net Assets 2018: -$67,0072018Assets 2019: $4,878Liabilities 2019: $106,303Net Assets 2019: -$101,4252019Assets 2020: $2,329Liabilities 2020: $95,281Net Assets 2020: -$92,9522020Assets 2021: $8,432Liabilities 2021: $94,107Net Assets 2021: -$85,6752021Assets 2022: $1,099Liabilities 2022: $93,814Net Assets 2022: -$92,7152022Assets 2023: $22,477Liabilities 2023: $93,814Net Assets 2023: -$71,3372023Assets 2024: $16,860Liabilities 2024: $94,795Net Assets 2024: -$77,9352024

Highlighted filing

2015

Assets$46,113
Liabilities$25,000
Net Assets$21,113

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $60,913Expenses 2010: $52,273Net Income 2010: $8,6402010Revenue 2011: $59,226Expenses 2011: $77,107Net Income 2011: -$17,8812011Revenue 2012: $65,995Expenses 2012: $82,240Net Income 2012: -$16,2452012Revenue 2013: $133,536Expenses 2013: $91,893Net Income 2013: $41,6432013Revenue 2014: $169,511Expenses 2014: $112,281Net Income 2014: $57,2302014Revenue 2015: $184,385Expenses 2015: $183,703Net Income 2015: $6822015Revenue 2016: $170,608Expenses 2016: $255,471Net Income 2016: -$84,8632016Revenue 2017: $119,888Expenses 2017: $125,479Net Income 2017: -$5,5912017Revenue 2018: $68,949Expenses 2018: $58,153Net Income 2018: $10,7962018Revenue 2019: $4,729Expenses 2019: $37,699Net Income 2019: -$32,9702019Revenue 2020: $58,495Expenses 2020: $50,022Net Income 2020: $8,4732020Revenue 2021: $36,794Expenses 2021: $29,517Net Income 2021: $7,2772021Revenue 2022: $17,037Expenses 2022: $24,077Net Income 2022: -$7,0402022Revenue 2023: $110,471Expenses 2023: $89,093Net Income 2023: $21,3782023Revenue 2024: $51,113Expenses 2024: $57,711Net Income 2024: -$6,5982024

Highlighted filing

2015

Revenue$184,385
Expenses$183,703
Net Income$682
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 20, 2016
Return Version
2015v2.0
Gross Receipts
$202,344
Mission and Program Overview

Mission

Education on psychological health.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$32,502$25,000▼ $7,502
Investments in Publicly Traded Securities$79,513$21,277▼ $58,236
Rtn Earn Endowment Incm Other Fnds$80,889$21,113▼ $59,776
Cash and Non-Interest-Bearing Accounts$32,833$18,576▼ $14,257
Land, Buildings, and Equipment, Net$2,384$2,957▲ $573
Accounts Receivable-$2,388-
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$115,630$46,113▼ $69,517
Other Assets Total$900$915▲ $15
Liabilities
Accounts Payable and Accrued Expenses$2,239--
Total Liabilities$34,741$25,000▼ $9,741
Net Assets / Fund Balance
Total Net Assets Fund Balance$80,889$21,113▼ $59,776
Total Liabilities and Net Assets / Fund Balance$115,630$46,113▼ $69,517

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,135$9,818$11,953
Leasehold Improvements$822$678$1,500
Compensation and Service Providers

Board Members and Trustees

NameTitle
William SpearPresident
Anthony HollandDirector
David EigenDirector
Martha Hackett MDDirector
Joan SpearSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$128,553
Program Service Revenue
$3,525
Investment Income
$49,509
Other Revenue
$2,798
All Other Contributions
$128,553
Change in Net Assets
$682
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$151,553
Total Fundraising Expense$34,770
Professional Fundraising Fees$27,850
Grants and Similar Amounts Paid$4,300
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$35,640--$35,640
Fees for Services Professional Fundraising--$27,850$27,850
Occupancy$16,282$3,053$1,018$20,353
Travel$15,963--$15,963
Conferences and Meetings$10,519--$10,519
Grants to Domestic Orgs$4,300--$4,300
Insurance$2,670--$2,670
Advertising$1,565--$1,565
All Other Expenses$628$681-$1,309
Office Expenses-$1,303-$1,303
Fees for Services Accounting-$1,295-$1,295
Other Expenses$900-$5,902$900
Fees for Services Legal-$740-$740
Depreciation Depletion-$427-$427
Interest-$2-$2
Total Functional Expenses$141,432$7,501$34,770$183,703
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$27,850
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$32,502$25,000▼ $7,502
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

William spear is Maried to Joan Spear

Form 990, Part VI, Line 11B: Form 990 Review Process

A copy of the 990 is distributed to the Board for their review prior to filing.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Salaries or honorarium are reviewed by the Board of Directors.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Salaries or honorarium are reviewed by the Board of Directors.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

As requested or posted on Guidestar.

Filing and Contact Details

Filer

Filer Name
Fortunate Blessings Foundation Inc
EIN
06-1514203
Phone
8605678801
Address
409 Bantam Rd, Litchfield, CT 06759

Signing Officer

Name
William Spear
Title
President
Signed
2016-10-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Spear
Formed
1998
Legal Domicile
Ct
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
8

Preparer

Firm
King King & Associates Cpas
Address
170 HOLABIRD AVE, WINSTED, CT 06098-1727
Preparer
Robert E King CPA
Phone
8603790215
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IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03525
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt080889
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt021113
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt020412
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt010000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt07728
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt02166
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt040306
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0128553
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0142663
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0131709
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt054046
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt057016
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0513987
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0630
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0563
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt018
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01211
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03525
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt04612
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01500
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt011949
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03473
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt025059
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0630
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0563
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt018
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01211
IRS990ScheduleA/InvestmentIncomeCYPct00.00220
IRS990ScheduleA/InvestmentIncomePYPct00.00120
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02798
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0106
IRS990ScheduleA/OtherIncome509Grp/TotalAmt02904
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.91820
IRS990ScheduleA/PublicSupportPY509Pct00.95510
IRS990ScheduleA/PublicSupportTotal509Amt0498740
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt020412
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt010000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt07728
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt02166
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt040306
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0132078
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0147275
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0133209
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt065995
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt060489
IRS990ScheduleA/Total509Grp/TotalAmt0539046
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0135506
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0147838
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0133227
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt065995
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt060595
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0543161
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt02135
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09818
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011953
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0822
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0678
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01500
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02957
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0Fundraising
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd0false
IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm0Ann Marie Miles
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt027600
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0210 Lyons Plain Rd
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0Weston
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0CT
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd006883
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/LicensedStatesCd0CT
IRS990ScheduleG/LicensedStatesCd1NY
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/SolicitationOfGovtGrantsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleG/TotalRetainedByContractorsAmt027600
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt025000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Working Capital
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0William Spear
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0B.O.D.
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt025000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0William spear is Maried to Joan Spear
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A copy of the 990 is distributed to the Board for their review prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Salaries or honorarium are reviewed by the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Salaries or honorarium are reviewed by the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4As requested or posted on Guidestar.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.17$0.95$0.78$0.51$0.58$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.22$0.94$0.71$1.10$0.89$0.21
2022Detailed filing. Detailed filing data is available for this year.$0.01$0.94$0.93$0.17$0.24$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.08$0.94$0.86$0.37$0.30$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.02$0.95$0.93$0.58$0.50$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$1.06$1.01$0.05$0.38$0.33
2018Detailed filing. Detailed filing data is available for this year.$0.22$0.90$0.67$0.69$0.58$0.11
2017Detailed filing. Detailed filing data is available for this year.$0.09$0.88$0.79$1.20$1.25$0.06
2016Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.10$0.83$0.73$1.71$2.55$0.85
2015Detailed filing. Detailed filing data is available for this year.$0.46$0.25$0.21$1.84$1.84$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.16$0.35$0.81$1.70$1.12$0.57
2013Summary only. Only limited summary data is available for this year.$0.67$0.56$1.34$0.92$0.42
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.43$0.32$0.66$0.82$0.16
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.22$0.15$0.59$0.77$0.18
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.17$0.14$0.03$0.61$0.52$0.09