Civic Intelligence

Treasure Beach Foundation Inc

990EZ • Fiscal year 2017 • EIN 20-1170580

Jan 01, 2017 to Dec 31, 2017 • Filed on May 14, 2018

Organization Profilewww.TreasureBeachFoundation.org
28 Garland DriveAsheville, NC 28804

(828) 424-7598

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

2nd percentile

-564%

Higher net margin than 2% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

15th percentile

-29%

Faster asset growth than 15% of similar nonprofits.

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

Revenue Growth

99th percentile

1649%

Faster revenue growth than 99% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$22,545

Down $9,378 (-29%) from 2016

Net Assets

Down

$22,545

Down $9,378 (-29%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin2nd percentile

Revenue

Up

$1,662

Up $1,567 (+1649%) from 2016

Expenses

Up

$11,040

Up $2,891 (+35%) from 2016

Net Income

Down

-$9,378

Down $1,324 (-16%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

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

$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

2017

Assets$22,545
Liabilities-
Net Assets$22,545
Open 2017 Filing

Operations Trend

Revenue Growth99th percentile

Revenue, expenses, and net income across loaded years, with this 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

2017

Revenue$1,662
Expenses$11,040
Net Income-$9,378
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 14, 2018
Return Version
2017v2.2
Gross Receipts
$1,662
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.$9,480$9,250
Compensation and Service Providers
Top Officer Pay76th 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
2018-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Sherman Financial Management LLC
Address
5407 PATTERSON AVE STE 203, RICHMOND, VA 23226
Preparer
Terry P Sherman CPA
Phone
8043057957
Supplemental Narrative

Additional Explanations

Other Expenses.1003

“Information Technology $58”

Other Expenses.1

“Telephone / Internet $202”

Other Expenses.2

“Bank charges $15”

Raw XML Appendix149 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/BOYAmt031923
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt022545
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt01648
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-9378
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01515
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountCntryCd0JM
IRS990EZ/ForeignFinancialAccountInd0true
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt031923
IRS990EZ/Form990TotalAssetsGrp/EOYAmt022545
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt09250
IRS990EZ/GrossReceiptsAmt01662
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt014
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt031923
IRS990EZ/NetAssetsOrFundBalancesEOYAmt022545
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt031923
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt022545
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/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0275
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/GrantsAndAllocationsAmt09480
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt09250
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt011040
IRS990EZ/TotalProgramServiceExpensesAmt09480
IRS990EZ/TotalRevenueAmt01662
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.TreasureBeachFoundation.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01648
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt060
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0921
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0923
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt017376
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt020928
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt014
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt035
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt010
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0151
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt089
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0299
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98590
IRS990ScheduleA/PublicSupportPY170Pct00.97980
IRS990ScheduleA/PublicSupportTotal170Amt020928
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01648
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt060
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0921
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0923
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt017376
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt020928
IRS990ScheduleA/TotalSupportAmt021227
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Information Technology $58
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Telephone / Internet $202
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bank charges $15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN KENNEDY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Pres / Treas.
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-14
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/AddressLine1Txt05407 PATTERSON AVE STE 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RICHMOND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023226
ReturnHeader/PreparerPersonGrp/PhoneNum08043057957
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TERRY P SHERMAN CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-05-14T13:34:11-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,545
Liabilities
-
Net assets
$22,545
Revenue
$1,662
Expenses
$11,040
Net income
-$9,378
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