Civic Intelligence

Fts Foundation Inc

990 • Fiscal year 2012 • EIN 20-5859793

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 08, 2013

3298 Summit BlvdSuite 2932503
Siviq Scores

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

Liabilities / Assets

23rd percentile

0.00x

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

2012 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

46th percentile

0.2%

Faster asset growth than 46% of similar nonprofits.

2012 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$521,686

Up $782 (+0.2%) from 2011

Net Assets

Up

$521,686

Up $782 (+0.2%) from 2011

Liabilities

Flat

$0

Flat from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$0

Flat from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $519,707Liabilities 2010: $0Net Assets 2010: $519,7072010Assets 2011: $520,904Liabilities 2011: $0Net Assets 2011: $520,9042011Assets 2012: $521,686Liabilities 2012: $0Net Assets 2012: $521,6862012Assets 2013: $522,354Liabilities 2013: $0Net Assets 2013: $522,3542013Assets 2014: $522,978Liabilities 2014: $0Net Assets 2014: $522,9782014Assets 2015: $524,302Liabilities 2015: $0Net Assets 2015: $524,3022015Assets 2016: $499,673Liabilities 2016: $0Net Assets 2016: $499,6732016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2012

Assets$521,686
Liabilities$0
Net Assets$521,686

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40K$20K$0-$20K-$40KRevenue 2010: $1,483Expenses 2010: $0Net Income 2010: $1,4832010Expenses 2011: $02011Expenses 2012: $02012Revenue 2013: $668Expenses 2013: $0Net Income 2013: $6682013Revenue 2014: $624Expenses 2014: $0Net Income 2014: $6242014Revenue 2015: $1,324Expenses 2015: $0Net Income 2015: $1,3242015Revenue 2016: $861Expenses 2016: $25,490Net Income 2016: -$24,6292016Revenue 2017: $0Expenses 2017: $0Net Income 2017: $02017

Highlighted filing

2012

Revenue-
Expenses$0
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 8, 2013
Return Version
2012v2.1
Gross Receipts
$782
Mission and Program Overview

Mission

Organized for the benefit of, and to carry out the purposes of florida tissue services, inc., a 501(c)(3) exempt organization and its parent company, lifenet health.

Filing and Contact Details

Filer

EIN
20-5859793
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IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation0THE FOLLOWING INDIVIDUALS PARTICIPATED IN A 457(F) SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN IN 2012: RONY THOMAS $100,000 GORDON BERKSTRESSER $20,000 DOUG WILSON $20,000
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IRS990ScheduleO/GeneralExplanation/Explanation0FTS FOUNDATION HAS NO LOCAL CHPATERS, BRANCHES, OR AFFILIATES.
IRS990ScheduleO/GeneralExplanation/Explanation1THE COMPANY HAS A CONFLICT OF INTEREST POLICY (GA-120-011) DESIGNED TO PROTECT THE COMPANY'S INTEREST WHEN IT IS ENTERING OR CONTEMPLATING ENTRY INTO A TRANSACTION THAT MIGHT BENEFIT THE INTEREST OF ITS MEMBERS. THE POLICY COVERS ALL INTERESTED PERSONS WHO ARE DEFINED AS ANY PRINCIPAL OFFICER, BOARD MEMBER, EMPLOYEE AND THEIR IMMEDIATE FAMILY, AND THIRD PARTIES THAT ARE INVOLVED IN THE DECISION MAKING PROCESS AND HAS A DIRECT OR INDIRECT FINANCIAL INTEREST. UPON COMMENCEMENT AND ANNUALLY THEREAFTER, ALL EMPLOYEES MUST COMPLETE A "CONFLICT OF INTEREST QUESTIONNAIRE" AND UPDATE WHENEVER EMPLOYEE AFFILIATIONS CHANGE. AFTER DISCLOSURE OF THE FINANCIAL INTEREST, THE COMPLIANCE OFFICER WILL INVESTIGATE AND DETERMINE THE FINAL ACTIONS NECESSARY TO ADDRESS THE CONFLICT.
IRS990ScheduleO/GeneralExplanation/Explanation2THE COMPANY HAS A WHISTLEBLOWER POLICY (GA-120-012) DESIGNED TO PROMOTE AND ENABLE EMPLOYEES TO RAISE ISSUES INTERNALLY BEFORE SEEKING RESOLUTION OUTSIDE OF THE ORGANIZATION.
IRS990ScheduleO/GeneralExplanation/Explanation3THE COMPANY DOES NOT COMPENSATE ITS OFFICERS, KEY EMPLOYEES, AND MANAGEMENT.
IRS990ScheduleO/GeneralExplanation/Explanation4THE COMPANY CONTRACTS WITH AN INDEPENDENT ACCOUNTING FIRM TO COMPLETE THE 990. THE 990 IS REVIEWED BY THE CFO AND THE CEO PRIOR TO FILING WITH THE IRS. THE 990 IS APPROVED BY THE CHAIRMAN OF THE BOARD OF DIRECTORS AS PROXY FOR THE FULL BOARD PER RESOLUTION OF THE BOARD. DISTRIBUTION OF THE 990 IS TRANSMITTED TO THE FULL BOARD BEFORE FILING.
IRS990ScheduleO/GeneralExplanation/Explanation5THE COMPANY DOES NOT MAKE ITS AUDITED FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY OR GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC.
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IRS990ScheduleO/GeneralExplanation/Identifier2WHISTLEBLOWER POLICY
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IRS990ScheduleO/GeneralExplanation/Identifier4990 REVIEW
IRS990ScheduleO/GeneralExplanation/Identifier5PUBLIC DISCLOSURE OF FINANCIAL STATEMENTS, ETC.
IRS990ScheduleO/GeneralExplanation/ReturnReference0PT VI GOV BODY & MNGMT
IRS990ScheduleO/GeneralExplanation/ReturnReference1PT VI POLICIES AND DISCLOSURES
IRS990ScheduleO/GeneralExplanation/ReturnReference2PT VI GOV BODY & MNGMT
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IRS990ScheduleR/SaleOfAssetsToOtherOrg0false
IRS990ScheduleR/SharingOfFacilities0false
IRS990ScheduleR/SharingOfPaidEmployees0false
IRS990/School0false
IRS990/SignificantChange0false
IRS990/SignificantNewProgramServices0false
IRS990/StateLegalDomicile0FL
IRS990/StatesWhereCopyOfReturnIsFiled0FL
IRS990/TaxablePartyNotification0false
IRS990/TaxExemptBondLiabilities/BOY00
IRS990/TaxExemptBondLiabilities/EOY00
IRS990/TaxExemptBonds0false
IRS990/TemporarilyRestrictedNetAssets/BOY00
IRS990/TemporarilyRestrictedNetAssets/EOY00
IRS990/Terminated0false
IRS990/TermOrPermanentEndowments0false
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine101864 CONCERT DRIVE
IRS990/TheBooksAreInCareOf/AddressUS/City0VIRGINIA BEACH
IRS990/TheBooksAreInCareOf/AddressUS/State0VA
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode023453

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