Civic Intelligence

One Gift Inc

990 • Fiscal year 2015 • EIN 20-8992710

Jul 01, 2014 to Jun 30, 2015 • Filed on Sep 03, 2015

310 South StreetMorristown, NJ 07960

(973) 984-0990

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.06x

Higher debt load relative to assets than 72% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

87th percentile

0.21x

Higher debt load relative to revenue than 87% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

3rd percentile

-140%

Higher net margin than 3% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

81st percentile

$15,422

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 18.6% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

14th percentile

-31%

Faster asset growth than 14% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

16th percentile

-32%

Faster revenue growth than 16% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$318,809

Down $143,787 (-31%) from 2014

Net Assets

Down

$301,243

Down $139,615 (-32%) from 2014

Liabilities

Down

$17,566

Down $4,172 (-19%) from 2014

Revenue

Down

$82,712

Down $39,320 (-32%) from 2014

Expenses

Down

$198,246

Down $1,630 (-0.8%) from 2014

Net Income

Down

-$115,534

Down $37,690 (-48%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $583,166Liabilities 2011: $32,783Net Assets 2011: $550,3832011Assets 2012: $549,279Liabilities 2012: $28,713Net Assets 2012: $520,5662012Assets 2013: $489,151Liabilities 2013: $10,524Net Assets 2013: $478,6272013Assets 2014: $462,596Liabilities 2014: $21,738Net Assets 2014: $440,8582014Assets 2015: $318,809Liabilities 2015: $17,566Net Assets 2015: $301,2432015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2015

Assets$318,809
Liabilities$17,566
Net Assets$301,243

Operations Trend

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

$400K$200K$0-$200K-$400KExpenses 2011: $175,2152011Expenses 2012: $206,6702012Expenses 2013: $187,5792013Revenue 2014: $122,032Expenses 2014: $199,876Net Income 2014: -$77,8442014Revenue 2015: $82,712Expenses 2015: $198,246Net Income 2015: -$115,5342015Revenue 2016: $38,322Expenses 2016: $339,565Net Income 2016: -$301,2432016

Highlighted filing

2015

Revenue$82,712
Expenses$198,246
Net Income-$115,534
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Sep 3, 2015
Return Version
2014v5.0
Gross Receipts
$332,150
Mission and Program Overview

Mission

One gift inc. Is a unique wish-fulfillment program for adults with cancer. The volunteer, nonprofit organization was founded in 1988 by leigh s. Porges and anne delaney and is dedicated to the memory of their mothers, carol g. Simon and ruth ann delaney.one gift inc. Serves adult cancer patients at the following locations:clara maass medical centermorristown memorial hospitalnewark beth israel medical centeroverlook hospitalsaint barnabas medical center in livingstonsomerset medical centertrinitas regional medical centerdedicated volunteers at each of these hospitals encourage positive thinking and help adult cancer patients focus their energy on fighting the disease and getting better. Our volunteers help one gift inc. Work closely with patients, families, and friends to create a memorable experience for those who could not otherwise afford it.

To alleviate the stress and anxiety that a diagnosis of cancer can bring to a patient and their family.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$435,277$315,014▼ $120,263
Cash and Non-Interest-Bearing Accounts$27,319$2,935▼ $24,384
Land, Buildings, and Equipment, Net$0$860▲ $860
Total Assets$462,596$318,809▼ $143,787
Liabilities
Accounts Payable and Accrued Expenses$21,738$17,566▼ $4,172
Total Liabilities$21,738$17,566▼ $4,172
Net Assets / Fund Balance
Unrestricted Net Assets$440,858$301,243▼ $139,615
Total Net Assets Fund Balance$440,858$301,243▼ $139,615
Total Liabilities and Net Assets / Fund Balance$462,596$318,809▼ $143,787

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$860$52$912
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Terry PariseSecretary/treasurerPT$15,422$15,422

Board Members and Trustees

NameTitle
Anne DelaneyPresident
Leigh PorgesVice President
James MastersonDirector
James QuinnDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$54,780
Program Service Revenue
$0
Investment Income
$27,932
Other Revenue
$0
All Other Contributions
$54,780
Change in Net Assets
$-115,534

Audited Revenue Reconciliation

Revenue per Audited Statements
$82,712
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-21,281
Total Revenue per Audited Statements
$61,431
Total Revenue per Form 990
$82,712
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$160,817
Other Expenses$20,218
Salaries, Compensation, and Employee Benefits$17,211
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$160,817--$160,817
Current Officers, Directors, Trustees, and Key Employees$12,338$3,084-$15,422
Fees for Services Accounting$3,310$7,722-$11,032
Office Expenses$573$1,465-$2,038
Payroll Taxes$1,432$357-$1,789
Insurance$193$1,095-$1,288
Information Technology$116$654-$770
Other Expenses$434$108-$542
Depreciation Depletion$44$8-$52
Total Functional Expenses$179,931$18,315$0$198,246

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$201,046
Expenses per Audited Statements$198,246
Total Expenses per Form 990$198,246
Expenses Not Reported on Form 990$2,800
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

One gift has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by management and is ready to be filed with the internal revenue service, it is provided to the members of the organizations governing body for any comments prior to its submission. The governing body is provided with a reasonable amount of time to review the form 990. Any comments are then grouped, summarized and provided through management to the outside accounting firm. Any applicable issues are addressed until the return is finalized and approved for filing.

Form 990, Part VI, Section B, Line 12C

One gift currently has in place a conflict of interest policy which it regularly monitors and enforces. The board mandates that all members of the governing body annually sign a conflict of interest policy and disclose any potential or actual conflicts that may exist. If a potential or actual conflict of interest exists, the governing body and management will investigate the issue. If a conflict of interest is determined to exist management and the governing body will be notified immediately. The member will not be allowed to vote or be a part of any decisions about any such transactions that have to do with the conflict until such time that there is no longer a conflict.

Form 990, Part VI, Section B, Line 15

The compensation of the organizations key employee is reviewed and approved by the board of directors.

Form 990, Part VI, Section C, Line 19

One gift, inc. Makes its form 990 and 1023 as well as the financial statements, and conflict of interest policy available for public inspection as required under section 6104 of the internal revenue code upon written request at the organizations office located at 310 south street, morristown, nj 07960.

Filing and Contact Details

Filer

Filer Name
One Gift Inc
EIN
20-8992710
Phone
9739840990
Address
310 SOUTH STREET, MORRISTOWN, NJ 07960

Signing Officer

Name
Leigh Porges
Title
Vice President
Phone
9739840990
Signed
2015-09-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anne Delaney
Formed
2007
Legal Domicile
Nj
Voting Board Members
5
Independent Board Members
4
Employees
1
Volunteers
4

Preparer

Firm
Nisivoccia Llp
Address
200 VALLEY RD SUITE 300, MT ARLINGTON, NJ 07856
Preparer
Thomas R Dartnell CPA
Phone
9733281825
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

No change from the prior year.

Financial Statement Notes

PART X, LINE 2:

One gift, inc. Is an organization described under section 501(c)(3) of the internal revenue code (the "code") and is therefore exempt from federal income taxes under section 501(a) of the code. The organization is also exempt under title 15 of the state of new jersey corporations and associations not for profit act. Accordingly, no provision for federal or state income taxes has been presented in the accompanying financial statements. One gift, inc. Follows the provisions of fasb asc, income taxes. The standard prescribes a minimum recognition threshold and measurement methodology that a tax position taken or expected to be taken in a tax return is required to meet before being recognized in the financial statements. It also provides guidance for derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition as they relate to those tax positions. One gift, inc. Does not expect a significant increase or decrease to the total amounts of unrecognized tax positions during the fiscal year ended june 30, 2015. However, one gift, inc. Is subject to regular audit by tax authorities. One gift, inc. Believes that it has appropriate support for the positions taken on its tax returns. Nonetheless, the amounts ultimately paid, if any, upon resolution of the issues raised by the taxing authorities may differ materially from the amounts accrued for each year. As required by law, one gift, inc. Files informational returns with both the united states federal and state of new jersey jurisdictions on an annual basis - form 990 with the internal revenue service, and form cri-300r with the state. These returns are subject to examinations by these authorities within three years from the latest filing date for federal and four years from the latest filing date for new jersey.

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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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IRS990/MissionDesc0ONE GIFT INC. IS A UNIQUE WISH-FULFILLMENT PROGRAM FOR ADULTS WITH CANCER. THE VOLUNTEER, NONPROFIT ORGANIZATION WAS FOUNDED IN 1988 BY LEIGH S. PORGES AND ANNE DELANEY AND IS DEDICATED TO THE MEMORY OF THEIR MOTHERS, CAROL G. SIMON AND RUTH ANN DELANEY.ONE GIFT INC. SERVES ADULT CANCER PATIENTS AT THE FOLLOWING LOCATIONS:CLARA MAASS MEDICAL CENTERMORRISTOWN MEMORIAL HOSPITALNEWARK BETH ISRAEL MEDICAL CENTEROVERLOOK HOSPITALSAINT BARNABAS MEDICAL CENTER IN LIVINGSTONSOMERSET MEDICAL CENTERTRINITAS REGIONAL MEDICAL CENTERDEDICATED VOLUNTEERS AT EACH OF THESE HOSPITALS ENCOURAGE POSITIVE THINKING AND HELP ADULT CANCER PATIENTS FOCUS THEIR ENERGY ON FIGHTING THE DISEASE AND GETTING BETTER. OUR VOLUNTEERS HELP ONE GIFT INC. WORK CLOSELY WITH PATIENTS, FAMILIES, AND FRIENDS TO CREATE A MEMORABLE EXPERIENCE FOR THOSE WHO COULD NOT OTHERWISE AFFORD IT.
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleD/DonatedServicesUseFcltsAmt02800
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt052
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0912
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IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0198246
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-24081
IRS990ScheduleD/RevenueNotReportedAmt0-21281
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt082712
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ONE GIFT, INC. IS AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND IS THEREFORE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE CODE. THE ORGANIZATION IS ALSO EXEMPT UNDER TITLE 15 OF THE STATE OF NEW JERSEY CORPORATIONS AND ASSOCIATIONS NOT FOR PROFIT ACT. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES HAS BEEN PRESENTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. ONE GIFT, INC. FOLLOWS THE PROVISIONS OF FASB ASC, INCOME TAXES. THE STANDARD PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION AS THEY RELATE TO THOSE TAX POSITIONS. ONE GIFT, INC. DOES NOT EXPECT A SIGNIFICANT INCREASE OR DECREASE TO THE TOTAL AMOUNTS OF UNRECOGNIZED TAX POSITIONS DURING THE FISCAL YEAR ENDED JUNE 30, 2015. HOWEVER, ONE GIFT, INC. IS SUBJECT TO REGULAR AUDIT BY TAX AUTHORITIES. ONE GIFT, INC. BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS TAX RETURNS. NONETHELESS, THE AMOUNTS ULTIMATELY PAID, IF ANY, UPON RESOLUTION OF THE ISSUES RAISED BY THE TAXING AUTHORITIES MAY DIFFER MATERIALLY FROM THE AMOUNTS ACCRUED FOR EACH YEAR. AS REQUIRED BY LAW, ONE GIFT, INC. FILES INFORMATIONAL RETURNS WITH BOTH THE UNITED STATES FEDERAL AND STATE OF NEW JERSEY JURISDICTIONS ON AN ANNUAL BASIS - FORM 990 WITH THE INTERNAL REVENUE SERVICE, AND FORM CRI-300R WITH THE STATE. THESE RETURNS ARE SUBJECT TO EXAMINATIONS BY THESE AUTHORITIES WITHIN THREE YEARS FROM THE LATEST FILING DATE FOR FEDERAL AND FOUR YEARS FROM THE LATEST FILING DATE FOR NEW JERSEY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0860
IRS990ScheduleD/TotalExpensesPerForm990Amt0198246
IRS990ScheduleD/TotalRevenuePerForm990Amt082712
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt061431
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0201046
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0160817
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0WISH PROGRAM
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0159
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ALL EXPENSES FOR WHICH FUNDS ARE ALLOCATED HAVE FIRST BEEN REVIEWED BY THE SECRETARY/TREASURER, AND FORWARDED TO THE PRESIDENT AND VICE PRESIDENT FOR REVIEW THEN APPROVAL. THERE ARE ALSO FUNDING LIMITS FOR EACH INSTITUTION RECEIVING AN OUTFLOW OF FUNDS FROM ONE GIFT. SAID INSTITUTIONS ALSO RECEIVE PERIODIC STATEMENTS TO REVIEW TO ENSURE THAT FUNDS HAVE ONLY BEEN USED FOR AGREED UPON EXPENSES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ONE GIFT HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS PROVIDED TO THE MEMBERS OF THE ORGANIZATIONS GOVERNING BODY FOR ANY COMMENTS PRIOR TO ITS SUBMISSION. THE GOVERNING BODY IS PROVIDED WITH A REASONABLE AMOUNT OF TIME TO REVIEW THE FORM 990. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED THROUGH MANAGEMENT TO THE OUTSIDE ACCOUNTING FIRM. ANY APPLICABLE ISSUES ARE ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ONE GIFT CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT REGULARLY MONITORS AND ENFORCES. THE BOARD MANDATES THAT ALL MEMBERS OF THE GOVERNING BODY ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS, THE GOVERNING BODY AND MANAGEMENT WILL INVESTIGATE THE ISSUE. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST MANAGEMENT AND THE GOVERNING BODY WILL BE NOTIFIED IMMEDIATELY. THE MEMBER WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DECISIONS ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL SUCH TIME THAT THERE IS NO LONGER A CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COMPENSATION OF THE ORGANIZATIONS KEY EMPLOYEE IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ONE GIFT, INC. MAKES ITS FORM 990 AND 1023 AS WELL AS THE FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE UPON WRITTEN REQUEST AT THE ORGANIZATIONS OFFICE LOCATED AT 310 SOUTH STREET, MORRISTOWN, NJ 07960.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO CHANGE FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
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ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LEIGH PORGES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09739840990
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-09-03
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0221914888
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NISIVOCCIA LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0200 VALLEY RD SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MT ARLINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007856
ReturnHeader/PreparerPersonGrp/PhoneNum09733281825
ReturnHeader/PreparerPersonGrp/PreparationDt02015-09-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS R DARTNELL CPA
ReturnHeader/ReturnTs02015-09-15T12:21:51-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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