Civic Intelligence

Cws Charitable Foundation Inc

EIN 16-1531603 • 501(c)3 • Norwich, NY

Profile

Providing services to the chenango county chapter nysarc, inc. For the direct benefit of the developmentally disabled,emotionally and physically challenged populations living in chenango county.

17 Midland DriveNorwich, NY 13815

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2017

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

96th percentile

86%

Higher net margin than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

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

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

97th percentile

311%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$0

Down $288,013 (-100%) from 2016

Liabilities

Down

$0

Down $41,246 (-100%) from 2016

Net Assets

Down

$0

Down $246,767 (-100%) from 2016

Revenue

Up

$25,277

Up $19,125 (+311%) from 2016

Expenses

Down

$3,571

Down $192,142 (-98%) from 2016

Net Income

Up

$21,706

Up $211,267 (+111%) from 2016

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2010: $309,614Liabilities 2010: $4,5002010Assets 2011: $303,998Liabilities 2011: $5,000Net Assets 2011: $298,9982011Assets 2012: $326,267Liabilities 2012: $4,000Net Assets 2012: $322,2672012Assets 2013: $381,302Liabilities 2013: $13,515Net Assets 2013: $367,7872013Assets 2014: $437,092Liabilities 2014: $25,100Net Assets 2014: $411,9922014Assets 2015: $407,178Liabilities 2015: $2,750Net Assets 2015: $404,4282015Assets 2016: $288,013Liabilities 2016: $41,246Net Assets 2016: $246,7672016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2017

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100K-$200KRevenue 2010: $122,168Expenses 2010: $10,965Net Income 2010: $111,2032010Revenue 2011: $31,196Expenses 2011: $25,738Net Income 2011: $5,4582011Revenue 2012: $38,261Expenses 2012: $34,759Net Income 2012: $3,5022012Revenue 2013: $36,889Expenses 2013: $41,407Net Income 2013: -$4,5182013Revenue 2014: $57,006Expenses 2014: $10,273Net Income 2014: $46,7332014Revenue 2015: $57,698Expenses 2015: $11,811Net Income 2015: $45,8872015Revenue 2016: $6,152Expenses 2016: $195,713Net Income 2016: -$189,5612016Revenue 2017: $25,277Expenses 2017: $3,571Net Income 2017: $21,7062017

Highlighted filing

2017

Revenue$25,277
Expenses$3,571
Net Income$21,706

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 25, 2018
Return Version
2017v2.3
Gross Receipts
$228,462
Mission and Program Overview

Mission

Providing services to the nysarc, inc., broome-chenango-tioga counties chapter for the direct benefit of the developmentally disabled, emotionally, and physically challenged populations living in chenango county.

Providing services to the nysarc, inc., broome-chenango tioga counties chapter for the direct benefit of the developmentally disabled, emotionally, and physically challenged populations living in chenango county

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$167,666$0▼ $167,666
Savings and Temporary Cash Investments$120,347$0▼ $120,347
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$288,013$0▼ $288,013
Other Assets Total-$0-
Liabilities
Other Liabilities$38,746$0▼ $38,746
Accounts Payable and Accrued Expenses$2,500$0▼ $2,500
Total Liabilities$41,246$0▼ $41,246
Net Assets / Fund Balance
Unrestricted Net Assets$179,401$0▼ $179,401
Temporarily Rstr Net Assets$67,366$0▼ $67,366
Total Net Assets Fund Balance$246,767$0▼ $246,767
Total Liabilities and Net Assets / Fund Balance$288,013$0▼ $288,013
Compensation and Service Providers

Employees

NameTitleOtherTotal
Amy HowardChief Executive Officer$132,438$132,438
Jason LasickiDirector of Sales$131,251$131,251
David MarkieV.p. Facility Operations$129,706$129,706
Sandra MockNetwork Coordinator$124,867$124,867
Eric MooreDirector of Operations$118,630$118,630
Colleen KaniaChief Financial Officer$55,130$55,130
Beverly DocteurChief Financial Officer$49,750$49,750
Ann YeagerChief Financial Officer$38,391$38,391

Board Members and Trustees

NameTitle
Ellen FeldmanPresident
William WhitakerPresident
Dave Sebastianelli1st Vice President
Kim Parker2nd Vice President
Dennis MirabitoBoard Member
Dorollo NixonBoard Member
Gail RattingerBoard Member
Gary ShayBoard Member
James SavageBoard Member
Jeremy SedelmeyerBoard Member
John StevensBoard Member
Kathy SheehanBoard Member
Kelly EurilloBoard Member
Lisa DolphinBoard Member
Margaret CollinsBoard Member
Michelle KaredesBoard Member
Pamela Stewart FahsBoard Member
Robert SalankiewiczAssistant Treasurer
Mary Jo ThornChief Executive Officer
Nicki FrenchSecretary
Angela ArcidiaconoSecretary/treasurer
Barbara SchindlerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5
Program Service Revenue
$0
Investment Income
$25,272
Other Revenue
$0
All Other Contributions
$5
Change in Net Assets
$21,706
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,571
Total Fundraising Expense$3,571
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Service Investment Mgmnt Fees--$2,821$2,821
Other Expenses--$750$750
Total Functional Expenses$0$0$3,571$3,571
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
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
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
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The policy of cws charitable foundation, inc. Will be, on an annual basis, to have the audit and corporate compliance committee review and recommend approval of the federal form 990 to the full board of directors and the board will be required to approve the form 990. The treasurer or, any officer if the treasurer is unavailable, will provide the signature required on the federal form 990 before it is filed with the internal revenue service. This policy will satisfy cws charitable foundation, inc.'s responsibility for compliance with the internal revenue service requirment for prior board review and approval of the federal form 990 on an annual basis.

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

At time of hire all staff are provided with a nysarc, inc., broome-chenango-tioga counties chapter conflict of interest policy to review and sign. Board members and the executive management team sign annually.

Form 990, Part VI, Section B, Line 15

As it relates to the chief executive officer's compensation review, the executive committee will be guided by the following: 1. Reviews and determines, based on the performance evaluation, the compensation and benefits of the ceo and recommends them to the full board. 2. Retains, as necessary, consultant and/or data and information to assist the committee in the evaluation of the compensation of the ceo. This evaluation must be adequate in scope to satisfy the internal revenue service requirments regarding excess compensation in its intermediate sanction regulations. 3. A review of executive compensation plans to the extent required by federal and state laws and regulations. The executive committee utilizes a compensation and review process that ensures due diligence, which may include analysis of salaries for comparable positions (990 forms from other like agencies, survey information, etc.), budget consideration, and a review of internal equity considerations. The performance evaluation will be a key factor in the compensation recommendations. Prior to formalizing any compensation plan, or plan revision, the chairperson may review the plan with the chief financial officer to ensure compliance with all applicable laws and regulations as well as to ensure feasibility of administration of the plan within the structure and policies of the agency. The executive committee will review as required the contract for the ceo and provide recommendations regarding change there to. Any changes regarding these benefits are reflected in the ceo's contract. A copy of the contract will be kept in the ceo's personnel file. The chairperson of the committee shall report to the board the deliberations, actions, and recommendations of the committee. The chairperson (or designee) will meet with the ceo to inform him/her of changes in the contract and in compensation and benefits agreed upon by the board. Key executive management staff are evaluated annually by the ceo. Any changes in compensation are made based on comparative market analysis and agency budget comparative data.

Form 990, Part VI, Section C, Line 19

Under regulations that became effective in 1999, cws charitable foundation, inc. Is subject to federal requirements to make the following forms "widely available" to all members of the general public: 1. The three most recent annual information returns (form 990), excluding the list of significant donors (schedule b) that is attached to the form 990, but including any other accompanying schedule as required. 2. Cws charitable foundation, inc.'s original application for recognition of its tax-exempt status (form 1023), filed with irs, and all accompanying schedules and attachments. It is the policy of cws charitable foundation, inc. To adhere to the following guidelines in order to comply with the preceding public disclosure requirments: 1. Anyone appearing in person at the offices of cws charitable foundation, inc. During normal working hours making a request to inspect the forms will be granted access to a file copy of the forms. The cfo shall be responsibile for maintaining this copy of each form and for making it available to all requesters. 2. For all written requests for copies of forms received by cws charitable foundation, inc., the organization shall require pre-payment of all copying and shipping charges. For requests for copies that are received without prepayment, cws charitable foundation, inc. Will notify the requester of this policy via phone call or by letter within 7 days of receipt of the original request. 3. The copying cost charged by country valley industries, inc. For providing copies of requested forms shall be $1.00 for the first page copies and $0.15 for each subsequent page. All copies shall be shipped to requesters via regular first class mail, thus, shipping charges will be a standard $3.00 per shipment. 4. After payment is received by cws charitable foundation, inc., all requested copies shall be shipped to requesters within 30 days. Making all copies and shipping within the 30-day time period shall be the responsibility of the business office. 5. For requests for copies made in person during normal business hours, copies shall be provided while the requester waits. 6. Cws charitable foundation, inc. Shall accept cerified checks and money orders for requests for copies made in person. Cws charitable foundation, inc. Shall accept certified checks, money orders and credit cards as payment for copies of forms requested in writing.

Filing and Contact Details

Filer

Filer Name
Cws Charitable Foundation Inc
EIN
16-1531603
Phone
6073345366
Address
17 MIDLAND DRIVE, NORWICH, NY 13815

Signing Officer

Name
Barbara Schindler
Title
Treasurer
Phone
6073345366
Signed
2018-10-25

Organization Details

Principal Officer
Barbara Schindler
Formed
1997
Legal Domicile
Ny
Voting Board Members
21
Independent Board Members
21
Employees
0
Volunteers
21

Preparer

Firm
Bryans & Gramuglia Cpas LLC
Address
1 PINE WEST PLAZA SUITE 107, ALBANY, NY 12205
Preparer
Robert Gramuglia
Phone
5184528055
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Transfer to the foundation of the broome-tioga assoc. For retarded citizens -268,473.

Form 990 - Part XII - Line 2C

The process has not changed since the prior year.

Financial Statement Notes

PART X, LINE 2:

The financial accounting standards board (fasb) issued fasb asc 740-10. Which requires entities 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, since events could occur to jeopardize their tax-exempt status. Cws charitable foundation, inc. Implemented fasb asc 740-10 and its current accounting policy for evaluating uncertain tax positions is in accordance with generally accepted accounting principles. Cws charitable foundation, inc. Has not recognized any benefits from uncertain tax positions in 2017 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 statements of financial position date. Cws charitable foundation, inc. Evaluated its tax position and concluded that all of the positions taken by cws charitable foundation, inc. Would more likely than not be sustained upon examination, based on technical merits. The information returns of cws charitable foundation, inc. For 2014, 2015 and 2016 are subject to examination by tax authorities, generally for three years after they were filed.

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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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