Civic Intelligence

The Truman Avenue Foundation Inc

EIN 20-5665599 • 501(c)3 • Yonkers, NY

101 Truman AvenueYonkers, NY 10703

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 2018

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2018

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2018

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2017 to 2018

Assets

Down

$0

Down $1,209 (-100%) from 2017

Liabilities

Down

$0

Down $1,155 (-100%) from 2017

Net Assets

Down

$0

Down $54 (-100%) from 2017

Revenue

Flat

$0

Flat from 2017

Expenses

Flat

$25

Flat from 2017

Net Income

Flat

-$25

Flat from 2017

Trend Graphs

Balance Sheet Trend

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

$2.0K$1.5K$1.0K$500$0Assets 2010: $1,510Liabilities 2010: $590Net Assets 2010: $9202010Assets 2011: $1,209Liabilities 2011: $823Net Assets 2011: $3862011Assets 2012: $1,209Liabilities 2012: $848Net Assets 2012: $3612012Assets 2013: $1,209Liabilities 2013: $873Net Assets 2013: $3362013Assets 2014: $1,209Liabilities 2014: $1,105Net Assets 2014: $1042014Assets 2015: $1,209Liabilities 2015: $1,105Net Assets 2015: $1042015Assets 2016: $1,209Liabilities 2016: $1,130Net Assets 2016: $792016Assets 2017: $1,209Liabilities 2017: $1,155Net Assets 2017: $542017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2018

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$1.0K$500$0-$500-$1.0KRevenue 2010: $0Expenses 2010: $560Net Income 2010: -$5602010Revenue 2011: $0Expenses 2011: $534Net Income 2011: -$5342011Expenses 2012: $252012Revenue 2013: $0Expenses 2013: $25Net Income 2013: -$252013Revenue 2014: $0Expenses 2014: $232Net Income 2014: -$2322014Revenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $0Expenses 2016: $25Net Income 2016: -$252016Revenue 2017: $0Expenses 2017: $25Net Income 2017: -$252017Revenue 2018: $0Expenses 2018: $25Net Income 2018: -$252018

Highlighted filing

2018

Revenue$0
Expenses$25
Net Income-$25

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jun 1, 2017 to May 17, 2018
Signed
Apr 2, 2019
Return Version
2017v2.3
Gross Receipts
$0
Mission and Program Overview

Mission

SEE SCHEDULE O.

Program Services

DescriptionGrantsExpenses
N/A--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARTA TELLADOPresident-$0--
ERIC WAYNEDirector-$0--
BETH CAMPBELLDirector/Treasurer-$0--
HEATH GRAYSONDirector/Secretary-$0--
Filing and Contact Details

Filer

Filer Name
The Truman Avenue Foundation Inc
EIN
20-5665599
In Care Of
% MICHAEL MARTIN CPA
Phone
9143782000
Address
101 TRUMAN AVENUE, YONKERS, NY 10703

Signing Officer

Name
Beth Campbell
Title
Treasurer
Phone
9143782000
Signed
2019-04-02

Preparer

Firm
Kpmg Llp
Address
345 PARK AVENUE, NEW YORK, NY 10154-0102
Preparer
Mary-evelyn Antonetti
Phone
2127589700
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 20

Final distribution - see schedule n disclosure form 990ez, part iii - organization's primary exempt purpose --------------------------------------------------------------- the truman avenue foundation, inc. (hereinafter referred to as tafi) was formed in the fall 2006 to operate exclusively for charitable purposes within the meaning of section 501(c)(3) of the internal revenue code by accepting contributions of real property, selling the donated property, and in turn making significant grants with the sale proceeds to support the mission of the supported organization, consumer reports, inc. (cr) (formerly known as consumers union of united states, inc.), of yonkers, new york, a 501(c)(3) organization that is a public charity under section 509 (a) (2), ein 13-1776434. Tafi may receive property by gift, devise or bequest, may invest and reinvest the same, and may apply the income and principal thereof, as the board of directors may from time to time determine, either directly or through contributions to cr, exclusively for charitable, scientific and educational purposes. In addition to receiving outright gifts of real property, the supporting organization will also consider gifts of real property that would permit donors to retain a life estate in the contributed property. When the life estate terminates, the property will be sold and the proceeds distributed as a grant to support the work of cr.grant to support the work of cr.

Form 990EZ Part I Line 16

Description:FEES & LICENSES Amount:25

Form 990EZ Part I Line 20

Description:FINAL DISTRIB. OF NET ASSETS(SEE SCH. N) Amount:29

Raw XML Appendix181 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR/SECRETARY
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OrganizationDissolvedEtcInd0true
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IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
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IRS990EZ/OtherChangesInNetAssetsAmt0-29
IRS990EZ/OtherExpensesTotalAmt025
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O.
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
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IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01155
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990EZ/TotalExpensesAmt025
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE TRUMAN AVENUE FOUNDATION, INC. (HEREINAFTER REFERRED TO AS TAFI) WAS FORMED IN THE FALL 2006 TO OPERATE EXCLUSIVELY FOR CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE BY ACCEPTING CONTRIBUTIONS OF REAL PROPERTY, SELLING THE DONATED PROPERTY, AND IN TURN MAKING SIGNIFICANT GRANTS WITH THE SALE PROCEEDS TO SUPPORT THE MISSION OF THE SUPPORTED ORGANIZATION, CONSUMERS UNION OF UNITED STATES. CONSUMERS UNION OF UNITED STATES CHANGED ITS NAME TO CONSUMERS REPORTS, INC. THE TAFI BYLAWS WERE NOT UPDATED TO ACCOUNT FOR THE NAME CHANGE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART IV, SECTION A, LINE 1
IRS990ScheduleA/IRSWrittenDeterminationInd0X
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IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02018-06-06
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0101 TRUMAN AVE
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IRS990ScheduleN/OwnerOfSuccessorInd0false
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IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0A CERTIFICATE OF DISSOLUTION OF THE TRUMAN AVENUE FOUNDATION, INC. WAS FILED WITH THE SECRETARY OF THE STATE OF DELAWARE ON MAY 22, 2018. THE DATE OF DISSOLUTION WAS MAY 17, 2018. THE FINAL CASH DISTRIBUTION OF $25 WAS MADE TO CONSUMERS REPORT, INC. ON JUNE 6, 2018.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE N, PART I - LIQUIDATION, TERMINATION, OR DISSOLUTION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FINAL DISTRIBUTION - SEE SCHEDULE N DISCLOSURE FORM 990EZ, PART III - ORGANIZATION'S PRIMARY EXEMPT PURPOSE --------------------------------------------------------------- THE TRUMAN AVENUE FOUNDATION, INC. (HEREINAFTER REFERRED TO AS TAFI) WAS FORMED IN THE FALL 2006 TO OPERATE EXCLUSIVELY FOR CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE BY ACCEPTING CONTRIBUTIONS OF REAL PROPERTY, SELLING THE DONATED PROPERTY, AND IN TURN MAKING SIGNIFICANT GRANTS WITH THE SALE PROCEEDS TO SUPPORT THE MISSION OF THE SUPPORTED ORGANIZATION, CONSUMER REPORTS, INC. (CR) (FORMERLY KNOWN AS CONSUMERS UNION OF UNITED STATES, INC.), OF YONKERS, NEW YORK, A 501(C)(3) ORGANIZATION THAT IS A PUBLIC CHARITY UNDER SECTION 509 (A) (2), EIN 13-1776434. TAFI MAY RECEIVE PROPERTY BY GIFT, DEVISE OR BEQUEST, MAY INVEST AND REINVEST THE SAME, AND MAY APPLY THE INCOME AND PRINCIPAL THEREOF, AS THE BOARD OF DIRECTORS MAY FROM TIME TO TIME DETERMINE, EITHER DIRECTLY OR THROUGH CONTRIBUTIONS TO CR, EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES. IN ADDITION TO RECEIVING OUTRIGHT GIFTS OF REAL PROPERTY, THE SUPPORTING ORGANIZATION WILL ALSO CONSIDER GIFTS OF REAL PROPERTY THAT WOULD PERMIT DONORS TO RETAIN A LIFE ESTATE IN THE CONTRIBUTED PROPERTY. WHEN THE LIFE ESTATE TERMINATES, THE PROPERTY WILL BE SOLD AND THE PROCEEDS DISTRIBUTED AS A GRANT TO SUPPORT THE WORK OF CR.GRANT TO SUPPORT THE WORK OF CR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description:FEES & LICENSES Amount:25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description:FINAL DISTRIB. OF NET ASSETS(SEE SCH. N) Amount:29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990EZ PART I LINE 20
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BETH CAMPBELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09143782000
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE TRUMAN AVENUE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0TRUM
ReturnHeader/Filer/EIN0205665599
ReturnHeader/Filer/InCareOfNm0% MICHAEL MARTIN CPA
ReturnHeader/Filer/PhoneNum09143782000
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.102.5
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KPMG LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0345 PARK AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
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ReturnHeader/PreparerPersonGrp/PhoneNum02127589700
ReturnHeader/PreparerPersonGrp/PreparationDt02019-04-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARY-EVELYN ANTONETTI
ReturnHeader/ReturnTs02019-04-08T14:31:53-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-06-01
ReturnHeader/TaxPeriodEndDt02018-05-17
ReturnHeader/TaxYr02017

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