Civic Intelligence

Tri-County Foundation

990 • Fiscal year 2023 • EIN 14-1895660

Jul 01, 2022 to Jun 30, 2023 • Filed on May 15, 2024

3100 NE 83RD STREET Suite 1001Kansas City, MO 64119

(816) 468-0400

Siviq Scores

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

Liabilities / Assets

80th percentile

0.51x

Higher debt load relative to assets than 80% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

92nd percentile

2.60x

Higher debt load relative to revenue than 92% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

92nd percentile

57%

Higher net margin than 92% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

91st percentile

$338,572

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 28.6% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

63rd percentile

10%

Faster asset growth than 63% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

95th percentile

154%

Faster revenue growth than 95% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$6,076,090

Up $570,284 (+10%) from 2022

Net Assets

Up

$2,997,057

Up $680,393 (+29%) from 2022

Liabilities

Down

$3,079,033

Down $110,109 (-3.5%) from 2022

Revenue

Up

$1,183,486

Up $717,591 (+154%) from 2022

Expenses

Up

$510,754

Up $230,767 (+82%) from 2022

Net Income

Up

$672,732

Up $486,824 (+262%) from 2022

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2022: $5,505,806Liabilities 2022: $3,189,142Net Assets 2022: $2,316,6642022Assets 2023: $6,076,090Liabilities 2023: $3,079,033Net Assets 2023: $2,997,0572023Assets 2024: $6,110,391Liabilities 2024: $3,026,122Net Assets 2024: $3,084,2692024

Highlighted filing

2023

Assets$6,076,090
Liabilities$3,079,033
Net Assets$2,997,057

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2022: $465,895Expenses 2022: $279,987Net Income 2022: $185,9082022Revenue 2023: $1,183,486Expenses 2023: $510,754Net Income 2023: $672,7322023Revenue 2024: $757,884Expenses 2024: $685,456Net Income 2024: $72,4282024

Highlighted filing

2023

Revenue$1,183,486
Expenses$510,754
Net Income$672,732
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 15, 2024
Return Version
2022v5.0
Gross Receipts
$1,605,593
Mission and Program Overview

Mission

Tri-county foundation provides fundraising activities to solicit contributions on behalf of tri-county mental health services inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,463,700$4,718,519▲ $254,819
Cash and Non-Interest-Bearing Accounts$755,509$917,718▲ $162,209
Investments Program Related$281,597$291,103▲ $9,506
Prepaid Expenses and Deferred Charges$5,000$17,241▲ $12,241
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$5,505,806$6,076,090▲ $570,284
Other Assets Total$0$131,509▲ $131,509
Liabilities
Unsecured Notes Loans Payable$3,157,541$3,047,603▼ $109,938
Accounts Payable and Accrued Expenses$15,940$17,846▲ $1,906
Other Liabilities$15,661$13,584▼ $2,077
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$3,189,142$3,079,033▼ $110,109
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,055,226$2,727,155▲ $671,929
Net Assets With Donor Restrictions$261,438$269,902▲ $8,464
Total Net Assets Fund Balance$2,316,664$2,997,057▲ $680,393
Total Liabilities and Net Assets / Fund Balance$5,505,806$6,076,090▲ $570,284

Asset Categories

AssetBook ValueDepreciationBasis
Buildings-$1,814,368$5,784,314
Equipment$460,280$203,793$664,073
Land$154,712-$154,712
Other Land Buildings$4,103,527$6,826$140,407
Leasehold Improvements$0--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$261,438-▲ $10,964-$272,402
2021$292,043-▼ $30,605-$261,438
2020-$262,877▲ $29,166-$292,043
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rickey PiercePresident
Ramona FarrisVice President
Betty WilsonBoard Member
Derek KautioBoard Member
Jeanne PylandBoard Member
Jennifer IngrahamBoard Member
Samantha Benjamin-houseBoard Member
Sandra MellingerBoard Member
Valerie MccawBoard Member
Ward BrownBoard Member
Tom PetrizzoCEO
Michelle NausCFO (ending 03/03/2023)
Laurie TietjenCFO (starting 5/22/2023)
Christal MilliganSecretary
Carol NoltingTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$491,728
Program Service Revenue
$564,054
Investment Income
$11,065
Other Revenue
$116,639
All Other Contributions
$449,421
Change in Net Assets
$672,732
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$510,754
Total Fundraising Expense$49,637
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy-$165,693-$165,693
Depreciation Depletion-$143,000-$143,000
Fees for Services Other$0$53,564$36,900$90,464
Interest-$58,012-$58,012
Insurance-$19,776-$19,776
All Other Expenses-$8,013$2,642$10,655
Advertising-$511$10,095$10,606
Fees for Services Accounting-$9,141-$9,141
Fees for Services Lobbying-$3,120-$3,120
Office Expenses-$287-$287
Total Functional Expenses$0$461,117$49,637$510,754
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$21,858
Fundraising Gross Income$15,900
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Tee-shotz Fund$58,207$15,900$1,986$13,914
Total Events$58,207$15,900$21,858$-5,958
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$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Tcmhs$13,584
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

The governing documents of the organization were amended to change from a 509(a)(1) to a 509(a)(3) type i supporting organization. The supported organization is tri-county mental health services, inc.

Form 990, Part VI, Section A, Line 7A

Tri-county foundation board recommends members of the board to be appointed by tri-county mental health services, inc. Board.

Form 990, Part VI, Section A, Line 7B

Tri-county mental health services, inc. Has the right to approve any amendments to the bylaws of the foundation.

Form 990, Part VI, Section B, Line 11B

An independent accounting firm prepares and reviews the 990. The 990 is then reviewed by the organization's cfo and ceo. Any questions or concerns the cfo or ceo have are addressed and any corrections or clarifications are made. The 990 is then provided to the members of the board for their review prior to filing the 990. Any questions or concerns the board have are addressed and any corrections or clarifications are made prior to filing the 990.

Form 990, Part VI, Section B, Line 12C

Tri-county mental health services performs the compliance functions on behalf of the foundation. It is the responsibility of tri-county's compliance committee to determine whether a conflict or potential conflict exists. Tri-county's board of directors review the agency's conflict of interest policy and complete a disclosure statement annually. In addition, on an annual basis, the compliance officer notifies other tri-county directors concerning the purposes and intent of this policy so that they may have the opportunity to disclose any potential conflict of interest in a questionnaire. Completed questionnaires are submitted to the compliance committee for review and are retained by the ceo.

Form 990, Part VI, Section B, Line 15A

The executive committee of the contolling entity board determines the total compensation package for the ceo. The hr manager obtains comparable data on peer agencies from their form 990 posted on guidestar and forwards this information to the board chair for review. The executive committee of the board reports the compensation package for the ceo to the board of directors for approval. The hr manager completed a review of compensation for ceos in similar organizations during calendar year 2021 and provided to the executive committee of the board. In august 2021, an independent consulting firm reviewed the ceo compensation and compared it to local, state, and national averages.

Form 990, Part VI, Section C, Line 19

The organization does not make its governing documents, conflict of interest policy, or financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
Tri-county Foundation
EIN
14-1895660
In Care Of
% STEVE BEVANS CFO
Phone
8164680400
Address
3100 NE 83RD STREET Suite 1001, KANSAS CITY, MO 64119

Signing Officer

Name
Stephen R Bevans
Title
CFO
Phone
8164680400
Signed
2024-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Petrizzo
Formed
2002
Legal Domicile
Mo
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
25

Preparer

Firm
Forvis Llp
Address
1201 Walnut Suite 1700, Kansas City, MO 64106-2246
Preparer
April Arnold CPA
Phone
8162216300
Supplemental Narrative

Additional Explanations

Form 990 Part IX Line 11G

Description:consulting fees total fees:90464

Financial Statement Notes

Schedule D, Part V, Line 4

The endowment funds are used to pay scholarships for staff who are pursuing advanced education or certifications in mental health services and for general clinical program services of tri-county mental health services.

Schedule D, Part X, Line 2

Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

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