Civic Intelligence

Treasure Beach Foundation

EIN 20-1170580 • 501(c)3 • Asheville, NC

Profile

To provide assistance, scholarships, and other incentives to enable the students of Treasure Beach, Jamaica to become successful, self-sufficient members of society.

28 Garland DriveAsheville, NC 28804

www.treasurebeachfoundation.org

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 2019

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2019

Net Margin

7th percentile

-147%

Higher net margin than 7% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

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 2016

Asset Growth

26th percentile

-27%

Faster asset growth than 26% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

34th percentile

-17%

Faster revenue growth than 34% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$10,129

Down $3,728 (-27%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$10,129

Down $3,728 (-27%) from 2018

Operations
Liabilities / RevenueScore unavailableNet Margin7th percentile

Revenue

Down

$2,535

Down $526 (-17%) from 2018

Expenses

Down

$6,263

Down $5,486 (-47%) from 2018

Net Income

Up

-$3,728

Up $4,960 (+57%) from 2018

Trend Graphs

Balance Sheet Trend

Asset Growth26th percentile

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

$80K$60K$40K$20K$0Assets 2010: $57,099Liabilities 2010: $0Net Assets 2010: $57,0992010Assets 2011: $65,121Liabilities 2011: $554Net Assets 2011: $64,5672011Assets 2012: $58,088Liabilities 2012: $0Net Assets 2012: $58,0882012Assets 2013: $60,826Liabilities 2013: $0Net Assets 2013: $60,8262013Assets 2016: $31,923Net Assets 2016: $31,9232016Assets 2017: $22,545Net Assets 2017: $22,5452017Assets 2018: $13,857Net Assets 2018: $13,8572018Assets 2019: $10,129Net Assets 2019: $10,1292019

Highlighted filing

2019

Assets$10,129
Liabilities-
Net Assets$10,129
Open 2019 Filing

Operations Trend

Revenue Growth34th percentile

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

$30K$20K$10K$0-$10KExpenses 2010: $29,2572010Expenses 2011: $25,4002011Expenses 2012: $22,9332012Revenue 2013: $17,465Expenses 2013: $14,727Net Income 2013: $2,7382013Revenue 2016: $95Expenses 2016: $8,149Net Income 2016: -$8,0542016Revenue 2017: $1,662Expenses 2017: $11,040Net Income 2017: -$9,3782017Revenue 2018: $3,061Expenses 2018: $11,749Net Income 2018: -$8,6882018Revenue 2019: $2,535Expenses 2019: $6,263Net Income 2019: -$3,7282019

Highlighted filing

2019

Revenue$2,535
Expenses$6,263
Net Income-$3,728
Open 2019 Filing

Filings

Most recent year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,129
Liabilities
-
Net assets
$10,129
Revenue
$2,535
Expenses
$6,263
Net income
-$3,728
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$10.1$10.1$2.54$6.26$3.73
2018Detailed filing. Detailed filing data is available for this year.$13.9$13.9$3.06$11.7$8.69
2017Detailed filing. Detailed filing data is available for this year.$22.5$22.5$1.66$11.0$9.38
2016Detailed filing. Detailed filing data is available for this year.$31.9$31.9$0.10$8.15$8.05
2013Detailed filing. Detailed filing data is available for this year.$60.8$0.00$60.8$17.5$14.7$2.74
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$58.1$0.00$58.1$22.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$65.1$0.55$64.6$25.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$57.1$0.00$57.1$29.3
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 24, 2020
Return Version
2019v5.0
Gross Receipts
$2,535
Mission and Program Overview

Mission

To provide assistance, scholarships, and other incentives to enable the students of Treasure Beach, Jamaica to become successful, self-sufficient members of society.

Program Services

DescriptionGrantsExpenses
Competitive scholarship program for students of Treasure Beach, Jamaica.$267$5,500
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KAREN KENNEDYPres / Treas.PT$0--
PETER KENNEDYSecretary-$0--
JOE BAILEYDirector-$0--
ASHLEIGH DANILUKDirector-$0--
CRISTOPHER DANILUKDirector-$0--
Filing and Contact Details

Filer

Filer Name
Treasure Beach Foundation
EIN
20-1170580
Phone
8284247598
Address
28 GARLAND DRIVE, ASHEVILLE, NC 28804

Signing Officer

Name
Karen Kennedy
Title
Pres / Treas.
Signed
2020-09-24
Discuss with paid preparer
Yes

Preparer

Firm
Sherman Financial Management LLC
Address
10321 AVENHAM WAY, HENRICO, VA 23238-3692
Preparer
Terry P Sherman CPA
Phone
8043057957
Supplemental Narrative

Additional Explanations

Other Expenses.1

“Telephone / Internet $314”

Other Expenses.2

“Registration fee $25”

Raw XML Appendix147 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Karen Kennedy
IRS990EZ/BooksInCareOfDetail/PhoneNum08284247598
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt028 Garland Drive
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Asheville
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028804
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt013857
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt010129
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt02520
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-3728
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0424
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountCntryCd0JM
IRS990EZ/ForeignFinancialAccountInd0true
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt013857
IRS990EZ/Form990TotalAssetsGrp/EOYAmt010129
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt05500
IRS990EZ/GrossReceiptsAmt02535
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt015
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt013857
IRS990EZ/NetAssetsOrFundBalancesEOYAmt010129
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt013857
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt010129
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KAREN KENNEDY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PETER KENNEDY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOE BAILEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ASHLEIGH DANILUK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CRISTOPHER DANILUK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Pres / Treas.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0339
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To provide assistance, scholarships, and other incentives to enable the students of Treasure Beach, Jamaica to become successful, self-sufficient members of society.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Competitive scholarship program for students of Treasure Beach, Jamaica.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0267
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt05500
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt06263
IRS990EZ/TotalProgramServiceExpensesAmt0267
IRS990EZ/TotalRevenueAmt02535
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.TreasureBeachFoundation.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02520
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03036
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01648
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt060
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0921
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08185
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt015
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt025
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt014
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt035
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt010
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt099
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98800
IRS990ScheduleA/PublicSupportPY170Pct00.96560
IRS990ScheduleA/PublicSupportTotal170Amt08185
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02520
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03036
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01648
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt060
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0921
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08185
IRS990ScheduleA/TotalSupportAmt08284
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Telephone / Internet $314
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Registration fee $25
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.2
ReturnHeader/BuildTS02022-02-16 14:24:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN KENNEDY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Pres / Treas.
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TREASURE BEACH FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0TREA
ReturnHeader/Filer/EIN0201170580
ReturnHeader/Filer/PhoneNum08284247598
ReturnHeader/Filer/USAddress/AddressLine1Txt028 GARLAND DRIVE
ReturnHeader/Filer/USAddress/CityNm0ASHEVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028804
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204004313
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SHERMAN FINANCIAL MANAGEMENT LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010321 AVENHAM WAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HENRICO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0232383692
ReturnHeader/PreparerPersonGrp/PhoneNum08043057957
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TERRY P SHERMAN CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-09-24T11:20:39-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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