Civic Intelligence

Tower Family Fund Inc

EIN 20-5848514 • Buffalo, NY

369 Franklin StreetBuffalo, NY 14202
Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Higher debt load relative to assets than 15% of similar nonprofits.

$25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

15th percentile

0.00x

Higher debt load relative to revenue than 15% of similar nonprofits.

$25M-$50M nonprofits • Source year 2023

Net Margin

3rd percentile

-158%

Higher net margin than 3% of similar nonprofits.

$25M-$50M nonprofits • Source year 2023

Top Officer Pay

72nd percentile

$88,182

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

$25M-$50M nonprofits • Source year 2021

Asset Growth

9th percentile

-8.7%

Faster asset growth than 9% of similar nonprofits.

$25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

6th percentile

-43%

Faster revenue growth than 6% of similar nonprofits.

$25M-$50M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets15th percentile

Using 2023 Form 990PF data because the latest 2024 filing does not report standard financial totals.

Assets

Down

$44,200,963

Down $4,194,624 (-8.7%) from 2022

Liabilities

Up

$1

Up $1 from 2022

Net Assets

-

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue15th percentileNet Margin3rd percentile

Revenue

Down

$2,661,222

Down $2,044,944 (-43%) from 2022

Expenses

Down

$6,855,846

Down $776,585 (-10%) from 2022

Net Income

Down

-$4,194,624

Down $1,268,359 (-43%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth9th percentile

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

$80M$60M$40M$20M$0Assets 2011: $31,115,848Liabilities 2011: $02011Assets 2012: $31,484,636Liabilities 2012: $02012Assets 2013: $31,964,700Liabilities 2013: $02013Assets 2014: $68,148,334Liabilities 2014: $02014Assets 2015: $65,548,758Liabilities 2015: $02015Assets 2019: $53,497,420Liabilities 2019: $02019Assets 2020: $50,057,914Liabilities 2020: $0Net Assets 2020: $50,057,9142020Assets 2021: $51,321,852Liabilities 2021: $0Net Assets 2021: $51,321,8522021Assets 2022: $48,395,587Liabilities 2022: $0Net Assets 2022: $48,395,5872022Assets 2023: $44,200,963Liabilities 2023: $12023

Latest loaded filing

2023

Assets$44,200,963
Liabilities$1
Net Assets-
Open 2023 Filing

Operations Trend

Revenue Growth6th percentile

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

$60M$40M$20M$0-$20MRevenue 2011: $4,464,561Expenses 2011: $1,351,726Net Income 2011: $3,112,8352011Revenue 2012: $2,033,254Expenses 2012: $1,664,466Net Income 2012: $368,7882012Revenue 2013: $3,687,983Expenses 2013: $3,207,919Net Income 2013: $480,0642013Revenue 2014: $40,957,933Expenses 2014: $4,774,299Net Income 2014: $36,183,6342014Revenue 2015: $5,251,155Expenses 2015: $7,850,731Net Income 2015: -$2,599,5762015Revenue 2019: $2,581,911Expenses 2019: $4,045,867Net Income 2019: -$1,463,9562019Revenue 2020: $2,693,156Expenses 2020: $6,132,662Net Income 2020: -$3,439,5062020Revenue 2021: $6,534,694Expenses 2021: $5,270,756Net Income 2021: $1,263,9382021Revenue 2022: $4,706,166Expenses 2022: $7,632,431Net Income 2022: -$2,926,2652022Revenue 2023: $2,661,222Expenses 2023: $6,855,846Net Income 2023: -$4,194,6242023

Latest loaded filing

2023

Revenue$2,661,222
Expenses$6,855,846
Net Income-$4,194,624
Open 2023 Filing

Filings

Most recent year

2024 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.
2023Summary only. Only limited summary data is available for this year.$44.2$0.00$2.66$6.86$4.19
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.4$0.00$48.4$4.71$7.63$2.93
2021Detailed filing. Detailed filing data is available for this year.$51.3$0.00$51.3$6.53$5.27$1.26
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$50.1$0.00$50.1$2.69$6.13$3.44
2019Summary only. Only limited summary data is available for this year.$53.5$0.00$2.58$4.05$1.46
2015Summary only. Only limited summary data is available for this year.$65.5$0.00$5.25$7.85$2.60
2014Summary only. Only limited summary data is available for this year.$68.1$0.00$41.0$4.77$36.2
2013Summary only. Only limited summary data is available for this year.$32.0$0.00$3.69$3.21$0.48
2012Summary only. Only limited summary data is available for this year.$31.5$0.00$2.03$1.66$0.37
2011Summary only. Only limited summary data is available for this year.$31.1$0.00$4.46$1.35$3.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.1
Filing and Contact Details

Filer

Filer Name
Tower Family Fund Inc
EIN
20-5848514
Phone
7168563300
Address
369 FRANKLIN STREET, BUFFALO, NY 14202

Signing Officer

Name
Randolph F Treece
Title
Attorney Director
Phone
7168349181
Signed
2025-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Lumsden & Mccormick Llp
Address
369 FRANKLIN STREET, BUFFALO, NY 14202
Preparer
Robert P Ingrasci CPA
Phone
7168563300
Raw XML Appendix104 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
IRS1120ScheduleD/CapitalGainNetIncomeAmt0375
IRS1120ScheduleD/DisposeInvestmentQOFInd00
IRS1120ScheduleD/NetCapitalGainAmt0375
IRS1120ScheduleD/NetLTCapitalGainOrLossAmt0423
IRS1120ScheduleD/NetSTCapitalGainOrLossAmt0-48
IRS1120ScheduleD/TotalLTCGL1099BNotReceivedGrp/TotalGainOrLossAmt0423
IRS1120ScheduleD/TotalSTCGL1099BNotReceivedGrp/TotalGainOrLossAmt0-48
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt0423
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc0ALKEON GROWTH PARTNERS II, LP
IRS8949/LongTermCapitalGainAndLossGrp/TotalGainOrLossAmt0423
IRS8949/LongTermCapitalGainAndLossGrp/TransactionsNotRptedOn1099BInd0X
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt0-48
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc0ALKEON GROWTH PARTNERS II, LP
IRS8949/ShortTermCapitalGainAndLossGrp/TotalGainOrLossAmt0-48
IRS8949/ShortTermCapitalGainAndLossGrp/TransactionsNotRptedOn1099BInd0X
IRS990T/BooksInCareOfDetail/PersonNm0LUMSDEN MCCORMICK LLP
IRS990T/BooksInCareOfDetail/PhoneNum07168563300
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt0369 FRANKLIN STREET
IRS990T/BooksInCareOfDetail/USAddress/CityNm0BUFFALO
IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990T/BooksInCareOfDetail/USAddress/ZIPCd014202
IRS990T/BookValueAssetsEOYAmt040666134
IRS990T/CharitableContributionsDedAmt00
IRS990T/ForeignAccountsQuestionInd00
IRS990T/ForeignTrustQuestionInd00
IRS990T/Form990TScheduleAAttachedCnt01
IRS990T/Organization501cCorporationInd0X
IRS990T/Organization501IndicatorGrp/Organization501cTypeTxt0c3
IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990T/OtherTaxesAmt00
IRS990T/OverpaymentSection/AppliedToESTaxAmt0350
IRS990T/OverpaymentSection/OverpaymentAmt0350
IRS990T/OverpaymentSection/RefundAmt00
IRS990T/PaidTaxLiabilityAmt00
IRS990T/Post2017NOLCarryoverGrp/AvlblPost2017NOLCarryoverAmt0430
IRS990T/Post2017NOLCarryoverGrp/PrincipalBusinessActivityCd0900001
IRS990T/PriorYearOverpaymentCreditAmt0350
IRS990TScheduleA/CapitalGainNetIncomeAmt0375
IRS990TScheduleA/NetOperatingLossDeductionAmt0101
IRS990TScheduleA/PrincipalBusinessActivityCd0900001
IRS990TScheduleA/SequenceReferenceNum01
IRS990TScheduleA/SequenceTotalNum01
IRS990TScheduleA/TaxesAndLicensesAmt0250
IRS990TScheduleA/TotalAllocableDeductionsAmt00
IRS990TScheduleA/TotalCtrlOrgDeductionAmt00
IRS990TScheduleA/TotalCtrlOrgPymtGrossIncmAmt00
IRS990TScheduleA/TotalDeductionsAmt0250
IRS990TScheduleA/TotalDeductionSetAsidesAmt00
IRS990TScheduleA/TotalDirectAdvertisingCostAmt00
IRS990TScheduleA/TotalDividendsReceivedDedAmt00
IRS990TScheduleA/TotalGrossAdvertisingIncomeAmt00
IRS990TScheduleA/TotalGrossDebtFinancedIncmAmt00
IRS990TScheduleA/TotalInvestmentIncomeAmt00
IRS990TScheduleA/TotalPrtshpSCorpIncomeAmt01
IRS990TScheduleA/TotalRentDeductionsAmt00
IRS990TScheduleA/TotalRentIncomeAmt00
IRS990TScheduleA/TotalUnrelatedBusinessCompAmt00
IRS990TScheduleA/TotExcessReadershipCostsDedAmt00
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt0376
IRS990TScheduleA/TotUnrltTrdBusIncmAmt0376
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt00
IRS990TScheduleA/TradeOrBusinessDesc0ALKEON GROWTH PARTNERS II, LP
IRS990TScheduleA/UBIBeforeNOLDedAmt0126
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt025
IRS990T/SpecificDeductionAmt01000
IRS990T/SubsidiaryCorporationInd00
IRS990T/TaxableCorporationAmt00
IRS990T/TaxLessCreditsAmt00
IRS990T/TotalDeductionAmt01000
IRS990T/TotalPaymentsAmt0350
IRS990T/TotalTaxAmt00
IRS990T/TotalTaxComputationAmt00
IRS990T/TotalUBTIAmt00
IRS990T/TotalUBTIBeforeNOLSpecificAmt025
IRS990T/TotalUBTIBeforeSection199AAmt025
IRS990T/TotalUBTIComputedAmt025
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RANDOLPH F TREECE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ATTORNEY DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07168349181
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TOWER FAMILY FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0TOWE
ReturnHeader/Filer/EIN0205848514
ReturnHeader/Filer/PhoneNum07168563300
ReturnHeader/Filer/USAddress/AddressLine1Txt0369 FRANKLIN STREET
ReturnHeader/Filer/USAddress/CityNm0BUFFALO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd014202
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0160765486
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LUMSDEN & MCCORMICK LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0369 FRANKLIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BUFFALO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd014202
ReturnHeader/PreparerPersonGrp/PhoneNum07168563300
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT P INGRASCI CPA
ReturnHeader/ReturnTs02025-05-13T08:55:54-05:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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