Civic Intelligence

Tlc Foundation Inc.

990 • Fiscal year 2017 • EIN 22-2517421

Jul 01, 2016 to Jun 30, 2017 • Filed on May 11, 2018

17 North StreetManchester, CT 06042

(860) 990-8447

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.23x

Higher debt load relative to assets than 83% of similar nonprofits.

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

Liabilities / Revenue

83rd percentile

0.12x

Higher debt load relative to revenue than 83% of similar nonprofits.

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

Net Margin

12th percentile

-29%

Higher net margin than 12% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

12th percentile

-38%

Faster asset growth than 12% of similar nonprofits.

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

Revenue Growth

43rd percentile

-3.1%

Faster revenue growth than 43% of similar nonprofits.

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

Assets

Down

$105,485

Down $64,560 (-38%) from 2016

Net Assets

Down

$81,665

Down $57,731 (-41%) from 2016

Liabilities

Down

$23,820

Down $6,829 (-22%) from 2016

Revenue

Down

$196,941

Down $6,197 (-3.1%) from 2016

Expenses

Up

$254,672

Up $54,658 (+27%) from 2016

Net Income

Down

-$57,731

Down $60,855 (-1948%) from 2016

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $144,664Liabilities 2011: $7,6102011Assets 2012: $142,162Liabilities 2012: $11,1942012Assets 2013: $130,210Liabilities 2013: $7,3052013Assets 2014: $127,314Liabilities 2014: $5,3492014Assets 2015: $160,643Liabilities 2015: $24,371Net Assets 2015: $136,2722015Assets 2016: $170,045Liabilities 2016: $30,649Net Assets 2016: $139,3962016Assets 2017: $105,485Liabilities 2017: $23,820Net Assets 2017: $81,6652017Assets 2018: $85,650Liabilities 2018: $27,252Net Assets 2018: $58,3982018Assets 2019: $74,721Liabilities 2019: $14,756Net Assets 2019: $59,9652019Assets 2020: $80,988Liabilities 2020: $17,751Net Assets 2020: $63,2372020Assets 2021: $77,336Liabilities 2021: $37,627Net Assets 2021: $39,7092021Assets 2022: $78,820Liabilities 2022: $6,133Net Assets 2022: $72,6872022Assets 2023: $56,606Liabilities 2023: $10,760Net Assets 2023: $45,8462023Assets 2024: $51,805Liabilities 2024: $1,920Net Assets 2024: $49,8852024

Highlighted filing

2017

Assets$105,485
Liabilities$23,820
Net Assets$81,665

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $178,457Expenses 2011: $174,558Net Income 2011: $3,8992011Revenue 2012: $174,507Expenses 2012: $180,593Net Income 2012: -$6,0862012Revenue 2013: $178,113Expenses 2013: $186,176Net Income 2013: -$8,0632013Revenue 2014: $184,446Expenses 2014: $185,386Net Income 2014: -$9402014Revenue 2015: $215,164Expenses 2015: $200,857Net Income 2015: $14,3072015Revenue 2016: $203,138Expenses 2016: $200,014Net Income 2016: $3,1242016Revenue 2017: $196,941Expenses 2017: $254,672Net Income 2017: -$57,7312017Revenue 2018: $194,719Expenses 2018: $217,986Net Income 2018: -$23,2672018Revenue 2019: $208,219Expenses 2019: $206,652Net Income 2019: $1,5672019Revenue 2020: $196,318Expenses 2020: $193,046Net Income 2020: $3,2722020Revenue 2021: $140,606Expenses 2021: $164,134Net Income 2021: -$23,5282021Revenue 2022: $182,723Expenses 2022: $149,745Net Income 2022: $32,9782022Revenue 2023: $170,945Expenses 2023: $197,786Net Income 2023: -$26,8412023Revenue 2024: $256,279Expenses 2024: $252,240Net Income 2024: $4,0392024

Highlighted filing

2017

Revenue$196,941
Expenses$254,672
Net Income-$57,731
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 11, 2018
Return Version
2016v3.0
Gross Receipts
$196,941
Mission and Program Overview

Mission

To provide a safe, nurturing home environment to adolescents who cannot stay at home due to family disruption, parent-child conflict or the lack of a suitable home environment.

To provide a safe, nurturing home environment to adolescents who cannot stay at home.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$94,512$91,605▼ $2,907
Accounts Receivable$45,830$0▼ $45,830
Prepaid Expenses and Deferred Charges$7,256$7,924▲ $668
Cash and Non-Interest-Bearing Accounts$9,615$5,173▼ $4,442
Savings and Temporary Cash Investments$12,832$783▼ $12,049
Total Assets$170,045$105,485▼ $64,560
Liabilities
Accounts Payable and Accrued Expenses$14,402$12,618▼ $1,784
Mortgage Notes Payable Secured by Investment Property$16,247$11,202▼ $5,045
Total Liabilities$30,649$23,820▼ $6,829
Net Assets / Fund Balance
Unrestricted Net Assets$130,856$81,665▼ $49,191
Temporarily Rstr Net Assets$8,540$0▼ $8,540
Total Net Assets Fund Balance$139,396$81,665▼ $57,731
Total Liabilities and Net Assets / Fund Balance$170,045$105,485▼ $64,560

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$75,018$152,971$227,989
Buildings$0$120,726$120,726
Other Land Buildings$15,286$15,130$30,416
Equipment$1,301$23,645$24,946
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Liama HolmesExecutive DirectorFT$25,725$25,725

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$196,940
Program Service Revenue
$0
Investment Income
$1
Other Revenue
$0
All Other Contributions
$7,929
Change in Net Assets
$-57,731

Audited Revenue Reconciliation

Revenue per Audited Statements
$196,941
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$196,941
Total Revenue per Form 990
$196,941
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$163,814
Other Expenses$90,858
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$122,702--$122,702
Current Officers, Directors, Trustees, and Key Employees-$25,586-$25,586
Occupancy$18,520--$18,520
Payroll Taxes$13,034$2,492-$15,526
Insurance$12,732$1,532-$14,264
Depreciation Depletion$12,248--$12,248
Fees for Services Accounting-$10,403-$10,403
Travel$8,111--$8,111
Office Expenses$3,722--$3,722
Interest$906--$906
Other Expenses$691--$691
Total Functional Expenses$214,659$40,013$0$254,672

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$254,672
Total Expenses per Audited Statements$254,672
Total Expenses per Form 990$254,672
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
No
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 11B

The board of directors and the executive director review the form 990. The executive director signs the e-file authorization form indicating their review and approval.

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

All board members review, sign, and agree to comply with the organization's conflict of interest policy on an annual basis.

Form 990, Part VI, Section B, Line 15A

The board of director's review the executive director's salary and compare it to the salaries of other like-kind organizations. The board of directors approve the salaries once the organization's annual budget has been approved.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Tlc Foundation Inc
EIN
22-2517421
Phone
8609908447
Address
17 NORTH STREET, MANCHESTER, CT 06042

Signing Officer

Name
Liama B Holmes
Title
Executive Director
Phone
8609908447
Signed
2018-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Liama B Holmes
Formed
1984
Legal Domicile
Ct
Voting Board Members
13
Independent Board Members
13
Employees
14
Volunteers
2

Preparer

Firm
Gitlin Campise Prendergast LLC
Address
836 FARMINGTON AVE, WEST HARTFORD, CT 06119
Preparer
Louis Vamvakas CPA
Phone
8602365833
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization adopted the provisions of accounting for uncertainty in income taxes; management believes the organization has no uncertain tax positions as of june 30, 2016.

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IRS990/PYOtherExpensesAmt095846
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt03124
IRS990/PYSalariesCompEmpBnftPaidAmt0104168
IRS990/PYTotalExpensesAmt0200014
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0203138
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-57731
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt012832
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0783
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0191286
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0203134
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0211648
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0184425
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0178085
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0968578
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99990
IRS990ScheduleA/PublicSupportPY170Pct00.99970
IRS990ScheduleA/PublicSupportTotal170Amt0968578
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0191286
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0203134
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0211648
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0184425
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0178085
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0968578
IRS990ScheduleA/TotalSupportAmt0968648
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt01
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt04
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt016
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt021
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt028
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt070
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0120726
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0120726
IRS990ScheduleD/EquipmentGrp/BookValueAmt01301
IRS990ScheduleD/EquipmentGrp/DepreciationAmt023645
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt024946
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0254672
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt075018
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0152971
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0227989
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt015286
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt015130
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt030416
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0196941
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ADOPTED THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES; MANAGEMENT BELIEVES THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2016.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt091605
IRS990ScheduleD/TotalExpensesPerForm990Amt0254672
IRS990ScheduleD/TotalRevenuePerForm990Amt0196941
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0196941
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0254672
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS AND THE EXECUTIVE DIRECTOR REVIEW THE FORM 990. THE EXECUTIVE DIRECTOR SIGNS THE E-FILE AUTHORIZATION FORM INDICATING THEIR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS REVIEW, SIGN, AND AGREE TO COMPLY WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTOR'S REVIEW THE EXECUTIVE DIRECTOR'S SALARY AND COMPARE IT TO THE SALARIES OF OTHER LIKE-KIND ORGANIZATIONS. THE BOARD OF DIRECTORS APPROVE THE SALARIES ONCE THE ORGANIZATION'S ANNUAL BUDGET HAS BEEN APPROVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CT
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt08540
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0170045
IRS990/TotalAssetsEOYAmt0105485
IRS990/TotalAssetsGrp/BOYAmt0170045
IRS990/TotalAssetsGrp/EOYAmt0105485
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0196940
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt040013
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0214659
IRS990/TotalFunctionalExpensesGrp/TotalAmt0254672
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt030649
IRS990/TotalLiabilitiesEOYAmt023820
IRS990/TotalLiabilitiesGrp/BOYAmt030649
IRS990/TotalLiabilitiesGrp/EOYAmt023820
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0139396
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt081665
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0214659
IRS990/TotalReportableCompFromOrgAmt025725
IRS990/TotalRevenueGrp/ExclusionAmt01
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0196941
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt02
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0170045
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0105485
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt08111
IRS990/TravelGrp/TotalAmt08111
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0130856
IRS990/UnrestrictedNetAssetsGrp/EOYAmt081665

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.52$0.02$0.50$2.56$2.52$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.57$0.11$0.46$1.71$1.98$0.27
2022Detailed filing. Detailed filing data is available for this year.$0.79$0.06$0.73$1.83$1.50$0.33
2021Detailed filing. Detailed filing data is available for this year.$0.77$0.38$0.40$1.41$1.64$0.24
2020Detailed filing. Detailed filing data is available for this year.$0.81$0.18$0.63$1.96$1.93$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.75$0.15$0.60$2.08$2.07$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.86$0.27$0.58$1.95$2.18$0.23
2017Detailed filing. Detailed filing data is available for this year.$1.05$0.24$0.82$1.97$2.55$0.58
2016Detailed filing. Detailed filing data is available for this year.$1.70$0.31$1.39$2.03$2.00$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.61$0.24$1.36$2.15$2.01$0.14
2014Summary only. Only limited summary data is available for this year.$1.27$0.05$1.84$1.85$0.01
2013Summary only. Only limited summary data is available for this year.$1.30$0.07$1.78$1.86$0.08
2012Summary only. Only limited summary data is available for this year.$1.42$0.11$1.75$1.81$0.06
2011Summary only. Only limited summary data is available for this year.$1.45$0.08$1.78$1.75$0.04