Civic Intelligence

Long Island Charities Foundation Inc.

990 • Fiscal year 2019 • EIN 11-2398991

Oct 01, 2018 to Sep 30, 2019 • Filed on Nov 25, 2019

585 Broad Hollow RoadMelville, NY 11747

(631) 777-6272

Siviq Scores

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

Liabilities / Assets

76th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • NTEE T • <$500k nonprofits • Source year 2019

Liabilities / Revenue

75th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • NTEE T • <$500k nonprofits • Source year 2019

Net Margin

74th percentile

33%

Higher net margin than 74% of similar nonprofits.

2019 filings • NTEE T • <$500k nonprofits • Source year 2019

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

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

2019 filings • NTEE T • <$500k nonprofits • Source year 2019

Asset Growth

87th percentile

51%

Faster asset growth than 87% of similar nonprofits.

2019 filings • NTEE T • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

77th percentile

40%

Faster revenue growth than 77% of similar nonprofits.

2019 filings • NTEE T • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$152,859

Up $51,630 (+51%) from 2018

Net Assets

Up

$152,859

Up $51,630 (+51%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$158,238

Up $45,500 (+40%) from 2018

Expenses

Down

$106,608

Down $8,966 (-7.8%) from 2018

Net Income

Up

$51,630

Up $54,466 (+1921%) from 2018

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2010: $111,742Liabilities 2010: $0Net Assets 2010: $111,7422010Assets 2011: $92,625Liabilities 2011: $0Net Assets 2011: $92,6252011Assets 2012: $132,719Liabilities 2012: $0Net Assets 2012: $132,7192012Assets 2013: $161,643Liabilities 2013: $0Net Assets 2013: $161,6432013Assets 2014: $160,308Liabilities 2014: $0Net Assets 2014: $160,3082014Assets 2015: $137,268Liabilities 2015: $0Net Assets 2015: $137,2682015Assets 2016: $122,142Liabilities 2016: $0Net Assets 2016: $122,1422016Assets 2017: $104,065Liabilities 2017: $0Net Assets 2017: $104,0652017Assets 2018: $101,229Liabilities 2018: $0Net Assets 2018: $101,2292018Assets 2019: $152,859Liabilities 2019: $0Net Assets 2019: $152,8592019Assets 2020: $53,450Liabilities 2020: $0Net Assets 2020: $53,4502020Assets 2021: $124,563Liabilities 2021: $0Net Assets 2021: $124,5632021Assets 2022: $134,746Liabilities 2022: $0Net Assets 2022: $134,7462022Assets 2023: $175,407Liabilities 2023: $0Net Assets 2023: $175,4072023Assets 2024: $182,543Liabilities 2024: $0Net Assets 2024: $182,5432024Assets 2025: $151,175Liabilities 2025: $0Net Assets 2025: $151,1752025

Highlighted filing

2019

Assets$152,859
Liabilities$0
Net Assets$152,859

Operations Trend

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

$200K$100K$0-$100KExpenses 2010: $130,1042010Expenses 2011: $114,9112011Expenses 2012: $107,1002012Revenue 2013: $150,471Expenses 2013: $121,547Net Income 2013: $28,9242013Revenue 2014: $146,562Expenses 2014: $147,897Net Income 2014: -$1,3352014Revenue 2015: $149,731Expenses 2015: $172,771Net Income 2015: -$23,0402015Revenue 2016: $116,028Expenses 2016: $131,154Net Income 2016: -$15,1262016Revenue 2017: $110,154Expenses 2017: $128,231Net Income 2017: -$18,0772017Revenue 2018: $112,738Expenses 2018: $115,574Net Income 2018: -$2,8362018Revenue 2019: $158,238Expenses 2019: $106,608Net Income 2019: $51,6302019Revenue 2020: $11,598Expenses 2020: $111,007Net Income 2020: -$99,4092020Revenue 2021: $84,399Expenses 2021: $13,286Net Income 2021: $71,1132021Revenue 2022: $134,738Expenses 2022: $124,555Net Income 2022: $10,1832022Revenue 2023: $163,206Expenses 2023: $122,545Net Income 2023: $40,6612023Revenue 2024: $142,453Expenses 2024: $135,317Net Income 2024: $7,1362024Revenue 2025: $136,262Expenses 2025: $167,630Net Income 2025: -$31,3682025

Highlighted filing

2019

Revenue$158,238
Expenses$106,608
Net Income$51,630
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Nov 25, 2019
Return Version
2018v3.1
Gross Receipts
$234,495
Mission and Program Overview

Mission

To provide cash donations to charities in the li area

To provide cash donations to charities in the long island area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$101,229$152,859▲ $51,630
Total Assets$101,229$152,859▲ $51,630
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$101,229$152,859▲ $51,630
Total Net Assets Fund Balance$101,229$152,859▲ $51,630
Total Liabilities and Net Assets / Fund Balance$101,229$152,859▲ $51,630
Compensation and Service Providers

Board Members and Trustees

NameTitle
George WaldbauerChairman of
Peter VolbergPresident
EUGENE O'NEIL1st Vice Pre
Nicholas Bartolomeo2nd Vice Pre
Henry HeissenbuttelSecretary
Thomas MagnoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$15,550
Program Service Revenue
$0
Investment Income
$46
Other Revenue
$142,642
All Other Contributions
$15,550
Change in Net Assets
$51,630
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$91,751
Other Expenses$14,857
Total Fundraising Expense$3,832
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$91,751--$91,751
Conferences and Meetings-$10,000-$10,000
Other Expenses-$403$1,726$403
All Other Expenses-$132-$132
Total Functional Expenses$91,751$11,025$3,832$106,608
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Suffolk County PalYaphank, NY--$8,500
Girl Scouts of Suffolk CountyCommack, NY--$5,180
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$165,659
Fundraising Direct Expenses$72,757
Gaming Gross Income$53,240
Gaming Direct Expenses$3,500
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Li Charity Golf$127,656$127,656$57,125$70,531
VALENTINE'S DAY$38,003$38,003$15,632$22,371
Total Events$165,659$165,659$72,757$92,902
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
Backup withholding compliance
Yes
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, Page 6, Part VI, Line 11B

Form 990 is presented to board along with annual financial statement prior submission.

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

At a minimum of one meeting per year, disclosure of conflict of interest is requested to be stated, if applicable. Conflict of interest policy is re-affirmed each year.

Form 990, Page 6, Part VI, Line 19

All policies available upon request.

Filing and Contact Details

Filer

Filer Name
Long Island Charities Foundation
EIN
11-2398991
Phone
6317776272
Address
585 BROAD HOLLOW ROAD, MELVILLE, NY 11747

Signing Officer

Name
George Waldbauer
Title
Chairman of Theboard
Phone
6317776272
Signed
2019-11-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
George Waldbauer
Formed
1976
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
0
Employees
0
Volunteers
15

Preparer

Firm
The Chwast CPA Group Pc
Address
445 BROAD HOLLOW RD STE CL-43, MELVILLE, NY 11747
Preparer
Jay L Nathan
Phone
6314245200
Raw XML Appendix358 raw XML fields

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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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE COMMITTEES SELECT LOCAL CHARITABLE ORGANIZATIONS WHO DIRECTLY HELP TO BENEFIT LONG ISLAND CENTERED RESIDENTS. MANY OF THE ORGANIZATIONS HAVE BEEN LONG TIME PUBLIC CHARITIES THEMSELVES AND HAVE LONG STANDING RECORDS OF CHARITABLE WORK ON LONG ISLAND.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PRESENTED TO BOARD ALONG WITH ANNUAL FINANCIAL STATEMENT PRIOR SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT A MINIMUM OF ONE MEETING PER YEAR, DISCLOSURE OF CONFLICT OF INTEREST IS REQUESTED TO BE STATED, IF APPLICABLE. CONFLICT OF INTEREST POLICY IS RE-AFFIRMED EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL POLICIES AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN OF THEBOARD
ReturnHeader/BusinessOfficerGrp/PhoneNum06317776272
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-25
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ReturnHeader/FilingSecurityInformation/IPTm008:23:07
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113131187
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THE CHWAST CPA GROUP PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0445 BROAD HOLLOW RD STE CL-43
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MELVILLE
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011747
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ReturnHeader/PreparerPersonGrp/PreparationDt02019-12-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAY L NATHAN
ReturnHeader/ReturnTs02019-12-05T08:23:07-06:00
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ReturnHeader/TaxPeriodBeginDt02018-10-01
ReturnHeader/TaxPeriodEndDt02019-09-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.51$0.00$1.51$1.36$1.68$0.31
2024Detailed filing. Detailed filing data is available for this year.$1.83$0.00$1.83$1.42$1.35$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.75$0.00$1.75$1.63$1.23$0.41
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.35$0.00$1.35$1.35$1.25$0.10
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.00$1.25$0.84$0.13$0.71
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.00$0.53$0.12$1.11$0.99
2019Detailed filing. Detailed filing data is available for this year.$1.53$0.00$1.53$1.58$1.07$0.52
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.00$1.01$1.13$1.16$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.00$1.04$1.10$1.28$0.18
2016Detailed filing. Detailed filing data is available for this year.$1.22$0.00$1.22$1.16$1.31$0.15
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.37$0.00$1.37$1.50$1.73$0.23
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.60$0.00$1.60$1.47$1.48$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$0.00$1.62$1.50$1.22$0.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.00$1.33$1.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.00$0.93$1.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.00$1.12$1.30