Civic Intelligence

White Plains Beautification Foundation Inc.

990 • Fiscal year 2014 • EIN 13-6198300

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 16, 2015

Post Office Box 1614White Plains, NY 10602

(914) 997-7676

Siviq Scores

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

Liabilities / Assets

54th percentile

0.01x

Higher debt load relative to assets than 54% of similar nonprofits.

2014 filings • NTEE S • <$500k nonprofits • Source year 2014

Liabilities / Revenue

60th percentile

0.02x

Higher debt load relative to revenue than 60% of similar nonprofits.

2014 filings • NTEE S • <$500k nonprofits • Source year 2014

Net Margin

54th percentile

5.5%

Higher net margin than 54% of similar nonprofits.

2014 filings • NTEE S • <$500k nonprofits • Source year 2014

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.

2014 filings • NTEE S • <$500k nonprofits • Source year 2014

Asset Growth

58th percentile

7.7%

Faster asset growth than 58% of similar nonprofits.

2014 filings • NTEE S • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

42nd percentile

-3.4%

Faster revenue growth than 42% of similar nonprofits.

2014 filings • NTEE S • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$482,362

Up $34,328 (+7.7%) from 2013

Net Assets

Up

$478,762

Up $34,328 (+7.7%) from 2013

Liabilities

Flat

$3,600

Flat from 2013

Revenue

Down

$185,729

Down $6,447 (-3.4%) from 2013

Expenses

Up

$175,566

Up $3,640 (+2.1%) from 2013

Net Income

Down

$10,163

Down $10,087 (-50%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $399,668Liabilities 2010: $7,941Net Assets 2010: $391,7272010Assets 2011: $423,436Liabilities 2011: $7,200Net Assets 2011: $416,2362011Assets 2012: $419,094Liabilities 2012: $8,184Net Assets 2012: $410,9102012Assets 2013: $448,034Liabilities 2013: $3,600Net Assets 2013: $444,4342013Assets 2014: $482,362Liabilities 2014: $3,600Net Assets 2014: $478,7622014Assets 2015: $507,062Liabilities 2015: $7,200Net Assets 2015: $499,8622015Assets 2016: $532,808Liabilities 2016: $7,200Net Assets 2016: $525,6082016Assets 2017: $575,668Liabilities 2017: $7,200Net Assets 2017: $568,4682017Assets 2018: $548,146Liabilities 2018: $7,200Net Assets 2018: $540,9462018Assets 2019: $592,996Liabilities 2019: $7,200Net Assets 2019: $585,7962019Assets 2020: $593,036Liabilities 2020: $7,200Net Assets 2020: $585,8362020Assets 2021: $846,205Liabilities 2021: $7,200Net Assets 2021: $839,0052021Assets 2022: $840,428Liabilities 2022: $4,000Net Assets 2022: $836,4282022Assets 2023: $967,424Liabilities 2023: $5,125Net Assets 2023: $962,2992023Assets 2024: $886,991Liabilities 2024: $5,125Net Assets 2024: $881,8662024

Highlighted filing

2014

Assets$482,362
Liabilities$3,600
Net Assets$478,762

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2010: $161,857Expenses 2010: $144,832Net Income 2010: $17,0252010Revenue 2011: $160,694Expenses 2011: $140,908Net Income 2011: $19,7862011Revenue 2012: $153,385Expenses 2012: $159,422Net Income 2012: -$6,0372012Revenue 2013: $192,176Expenses 2013: $171,926Net Income 2013: $20,2502013Revenue 2014: $185,729Expenses 2014: $175,566Net Income 2014: $10,1632014Revenue 2015: $215,443Expenses 2015: $204,613Net Income 2015: $10,8302015Revenue 2016: $195,164Expenses 2016: $171,821Net Income 2016: $23,3432016Revenue 2017: $210,803Expenses 2017: $170,672Net Income 2017: $40,1312017Revenue 2018: $156,192Expenses 2018: $188,904Net Income 2018: -$32,7122018Revenue 2019: $192,183Expenses 2019: $193,214Net Income 2019: -$1,0312019Revenue 2020: $184,712Expenses 2020: $173,425Net Income 2020: $11,2872020Revenue 2021: $352,288Expenses 2021: $173,234Net Income 2021: $179,0542021Revenue 2022: $247,748Expenses 2022: $209,901Net Income 2022: $37,8472022Revenue 2023: $232,083Expenses 2023: $224,557Net Income 2023: $7,5262023Revenue 2024: $266,540Expenses 2024: $215,004Net Income 2024: $51,5362024

Highlighted filing

2014

Revenue$185,729
Expenses$175,566
Net Income$10,163
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$202,748
Mission and Program Overview

Mission

White plains beautification foundation, inc. Is a non-profit organization located in white plains, new york, which provides cultural and educational activities to residents of the community. The foundation's services include planting and maintaining gardens and tress throughout the city of white plains and the education of the community.

To beautify the city of white plains, ny.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$207,112$247,275▲ $40,163
Savings and Temporary Cash Investments$126,630$119,064▼ $7,566
Investments Other Securities$55,413$55,449▲ $36
Cash and Non-Interest-Bearing Accounts$39,949$40,883▲ $934
Pledges and Grants Receivable$7,065$7,155▲ $90
Prepaid Expenses and Deferred Charges$865$1,536▲ $671
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$448,034$482,362▲ $34,328
Other Assets Total$11,000$11,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$3,600$3,600→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$3,600$3,600→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$282,737$308,329▲ $25,592
Temporarily Rstr Net Assets$161,697$170,433▲ $8,736
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$444,434$478,762▲ $34,328
Total Liabilities and Net Assets / Fund Balance$448,034$482,362▲ $34,328

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$55,449--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jean BelloFormer President
Marie Silverman MarichImmediate Past Co-president
Deborah DonahoePresident
Karen QuinnFirst Vice President
Mary BrianteVice President
Maryann DerosaVice President
JOANNA D'ADDARIOAssistant Treasurer
Nancy RiceCorresponding Secretary
Luisa Chiocchio EsqCounsel
Barbara T VroomanOfficer
Mary MerendaRecording Secretary
Sue BrennanRecording Secretary
Cormac DalyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$162,810
Program Service Revenue
$533
Investment Income
$10,963
Other Revenue
$11,423
All Other Contributions
$151,133
Change in Net Assets
$10,163

Audited Revenue Reconciliation

Revenue per Audited Statements
$185,729
Revenue Not Reported on Form 990
$41,184
Total Revenue per Audited Statements
$226,913
Total Revenue per Form 990
$185,729
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$175,566
Total Fundraising Expense$2,082
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$8,163$6,648-$14,811
Fees for Services Accounting-$3,710-$3,710
Insurance-$2,372-$2,372
Other Expenses$1,481-$2,082$1,481
Total Functional Expenses$160,754$12,730$2,082$175,566

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$192,585
Expenses per Audited Statements$175,566
Total Expenses per Form 990$175,566
Expenses Not Reported on Form 990$17,019
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$25,773
Fundraising Direct Expenses$17,019
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$37,449$25,772$7,839$17,933
Total Events$37,449$25,772$17,019$8,753
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
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, Section B, Line 11A-B

Review of form 990 the treasurer reviews and compares each of the line items on the 990 with those in the financials reports. The different schedules are also reviewed with the reports sent to the accountant including the questionnaire. It is then sent to the board of directors who reviews and approves it.

Form 990, Page 6, Part VI, Section C, Line 19

Public disclosure organization makes its governing documents, form 1023, financial statements and conflict of interest policy avaibale for public upon request. Financial statement is also attached with 990 which is availabale to public on another's website

PART VI SECTION B Q #12C

Conflict of interest policy board members and officers are reviewed annually.

Filing and Contact Details

Filer

Filer Name
White Plains Beautification Foundation Inc
EIN
13-6198300
In Care Of
% CORMAC DALY
Address
POST OFFICE BOX 1614, WHITE PLAINS, NY 10602

Signing Officer

Name
Cormac Daly
Title
Treasurer
Phone
9143684000
Signed
2015-11-16
Discuss with paid preparer
Yes

Organization Details

Formed
1965
Legal Domicile
Ny
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
47

Preparer

Firm
Maier Markey & Justic Llp
Address
222 BLOOMINGDALE ROADSTE 400, WHITE PLAINS, NY 10605
Preparer
Bharti Gupta
Phone
9146449200
Supplemental Narrative

Financial Statement Notes

Part XII, Line 4A, Part XIII, Line 2D and 4B

DIRECT FUNDRAISING EXPENSES DIRECT FONDRAISING EXPENSES IN THE AMOUNT OF $17,019 ARE INCLUDED IN THE STATEMENT OF FUNCTIONAL EXPENSES ON THE REVIEWED FINANCIAL STATEMENTS IN ACCORDANCE WITH THE INSTRUCTIONS FOR FORM 990, PART VIII, LINE 8b, THESE EXPENSES ARE REPORTED AS A REDUCTION OF GROSS REVENUE FROM FUNDRAISING EVENTS ON LINE 8b.

Form 990, Schedule D, Part X, Line 2

In accordance with financial accounting standards board codification topic 740, accounting for income taxes, entities are required to disclose in their financial statements the nature of any uncertainty in their tax position. For tax-exempt entities, their tax-exempt status itself is deemed to be an uncertainty in their tax position, since events could potentially occur to jeopardize their tax exempt status. The organization's accounting policy for evaluating uncertain tax positions is in accordance with generally accepted accouting principles. The organization has not recognized any benefits from uncertain tax positions in 2014 and believes it has no uncertain tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly increase or decrease within 12 months of the statement of financial position date.

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IRS990/OtherExpensesGrp/Desc0ADOPT-A-PARK EXPENSES
IRS990/OtherExpensesGrp/Desc1COMMUNICATION AND EDUCATION
IRS990/OtherExpensesGrp/Desc2SCHOOL GARDEN PROGRAM
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IRS990/OtherExpensesGrp/ProgramServicesAmt15785
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0155830
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IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07417
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IRS990ScheduleA/TotalSupportAmt0847948
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990ScheduleD/OtherRevenueAmt017019
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IRS990ScheduleD/OtherSecuritiesGrp/Desc0CERTIFICATES OF DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt041184
IRS990ScheduleD/RevenueSubtotalAmt0185729
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DIRECT FUNDRAISING EXPENSES DIRECT FONDRAISING EXPENSES IN THE AMOUNT OF $17,019 ARE INCLUDED IN THE STATEMENT OF FUNCTIONAL EXPENSES ON THE REVIEWED FINANCIAL STATEMENTS IN ACCORDANCE WITH THE INSTRUCTIONS FOR FORM 990, PART VIII, LINE 8b, THESE EXPENSES ARE REPORTED AS A REDUCTION OF GROSS REVENUE FROM FUNDRAISING EVENTS ON LINE 8b.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD CODIFICATION TOPIC 740, ACCOUNTING FOR INCOME TAXES, ENTITIES ARE REQUIRED TO DISCLOSE IN THEIR FINANCIAL STATEMENTS THE NATURE OF ANY UNCERTAINTY IN THEIR TAX POSITION. FOR TAX-EXEMPT ENTITIES, THEIR TAX-EXEMPT STATUS ITSELF IS DEEMED TO BE AN UNCERTAINTY IN THEIR TAX POSITION, SINCE EVENTS COULD POTENTIALLY OCCUR TO JEOPARDIZE THEIR TAX EXEMPT STATUS. THE ORGANIZATION'S ACCOUNTING POLICY FOR EVALUATING UNCERTAIN TAX POSITIONS IS IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUTING PRINCIPLES. THE ORGANIZATION HAS NOT RECOGNIZED ANY BENEFITS FROM UNCERTAIN TAX POSITIONS IN 2014 AND BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY INCREASE OR DECREASE WITHIN 12 MONTHS OF THE STATEMENT OF FINANCIAL POSITION DATE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XII, LINE 4A, PART XIII, LINE 2D AND 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, SCHEDULE D, PART X, LINE 2
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IRS990ScheduleD/TotalExpensesPerForm990Amt0175566
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IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt00
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt00
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IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEW OF FORM 990 THE TREASURER REVIEWS AND COMPARES EACH OF THE LINE ITEMS ON THE 990 WITH THOSE IN THE FINANCIALS REPORTS. THE DIFFERENT SCHEDULES ARE ALSO REVIEWED WITH THE REPORTS SENT TO THE ACCOUNTANT INCLUDING THE QUESTIONNAIRE. IT IS THEN SENT TO THE BOARD OF DIRECTORS WHO REVIEWS AND APPROVES IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PUBLIC DISCLOSURE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FORM 1023, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY AVAIBALE FOR PUBLIC UPON REQUEST. FINANCIAL STATEMENT IS ALSO ATTACHED WITH 990 WHICH IS AVAILABALE TO PUBLIC ON ANOTHER'S WEBSITE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT OF INTEREST POLICY BOARD MEMBERS AND OFFICERS ARE REVIEWED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, SECTION B, LINE 11A-B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI SECTION B Q #12C

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.87$0.05$8.82$2.67$2.15$0.52
2023Detailed filing. Detailed filing data is available for this year.$9.67$0.05$9.62$2.32$2.25$0.08
2022Detailed filing. Detailed filing data is available for this year.$8.40$0.04$8.36$2.48$2.10$0.38
2021Detailed filing. Detailed filing data is available for this year.$8.46$0.07$8.39$3.52$1.73$1.79
2020Detailed filing. Detailed filing data is available for this year.$5.93$0.07$5.86$1.85$1.73$0.11
2019Detailed filing. Detailed filing data is available for this year.$5.93$0.07$5.86$1.92$1.93$0.01
2018Detailed filing. Detailed filing data is available for this year.$5.48$0.07$5.41$1.56$1.89$0.33
2017Detailed filing. Detailed filing data is available for this year.$5.76$0.07$5.68$2.11$1.71$0.40
2016Detailed filing. Detailed filing data is available for this year.$5.33$0.07$5.26$1.95$1.72$0.23
2015Detailed filing. Detailed filing data is available for this year.$5.07$0.07$5.00$2.15$2.05$0.11
2014Detailed filing. Detailed filing data is available for this year.$4.82$0.04$4.79$1.86$1.76$0.10
2013Detailed filing. Detailed filing data is available for this year.$4.48$0.04$4.44$1.92$1.72$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.19$0.08$4.11$1.53$1.59$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.23$0.07$4.16$1.61$1.41$0.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.00$0.08$3.92$1.62$1.45$0.17