Civic Intelligence

Thames River Community Service Inc.

990 • Fiscal year 2020 • EIN 22-3096914

Jul 01, 2019 to Jun 30, 2020 • Filed on Dec 16, 2020

One Thames River PlaceNorwich, CT 06360

(860) 887-3288

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.12x

Higher debt load relative to assets than 53% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

53rd percentile

0.16x

Higher debt load relative to revenue than 53% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

40th percentile

1.1%

Higher net margin than 40% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

62nd percentile

$84,841

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 9.3% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

29th percentile

-0.8%

Faster asset growth than 29% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

75th percentile

20%

Faster revenue growth than 75% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$1,231,899

Down $9,882 (-0.8%) from 2019

Net Assets

Up

$1,088,666

Up $10,339 (+1.0%) from 2019

Liabilities

Down

$143,233

Down $20,221 (-12%) from 2019

Revenue

Up

$913,861

Up $152,645 (+20%) from 2019

Expenses

Up

$903,854

Up $61,906 (+7.4%) from 2019

Net Income

Up

$10,007

Up $90,739 (+112%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,761,161Liabilities 2011: $70,894Net Assets 2011: $1,690,2672011Assets 2012: $1,654,531Liabilities 2012: $83,928Net Assets 2012: $1,570,6032012Assets 2013: $1,607,677Liabilities 2013: $118,153Net Assets 2013: $1,489,5242013Assets 2014: $1,650,193Liabilities 2014: $135,347Net Assets 2014: $1,514,8462014Assets 2015: $1,627,940Liabilities 2015: $206,478Net Assets 2015: $1,421,4622015Assets 2016: $1,455,320Liabilities 2016: $151,509Net Assets 2016: $1,303,8112016Assets 2017: $1,368,376Liabilities 2017: $163,010Net Assets 2017: $1,205,3662017Assets 2018: $1,235,194Liabilities 2018: $75,494Net Assets 2018: $1,159,7002018Assets 2019: $1,241,781Liabilities 2019: $163,454Net Assets 2019: $1,078,3272019Assets 2020: $1,231,899Liabilities 2020: $143,233Net Assets 2020: $1,088,6662020Assets 2021: $1,263,794Liabilities 2021: $214,053Net Assets 2021: $1,049,7412021Assets 2022: $1,117,118Liabilities 2022: $87,954Net Assets 2022: $1,029,1642022Assets 2023: $1,313,286Liabilities 2023: $367,555Net Assets 2023: $945,7312023Assets 2024: $1,453,807Liabilities 2024: $223,589Net Assets 2024: $1,230,2182024Assets 2025: $1,662,150Liabilities 2025: $462,117Net Assets 2025: $1,200,0332025

Highlighted filing

2020

Assets$1,231,899
Liabilities$143,233
Net Assets$1,088,666

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $865,884Expenses 2011: $868,233Net Income 2011: -$2,3492011Revenue 2012: $864,201Expenses 2012: $981,774Net Income 2012: -$117,5732012Revenue 2013: $849,159Expenses 2013: $935,144Net Income 2013: -$85,9852013Revenue 2014: $969,234Expenses 2014: $945,950Net Income 2014: $23,2842014Revenue 2015: $909,421Expenses 2015: $1,003,621Net Income 2015: -$94,2002015Revenue 2016: $877,439Expenses 2016: $1,003,722Net Income 2016: -$126,2832016Revenue 2017: $763,855Expenses 2017: $874,534Net Income 2017: -$110,6792017Revenue 2018: $800,151Expenses 2018: $834,009Net Income 2018: -$33,8582018Revenue 2019: $761,216Expenses 2019: $841,948Net Income 2019: -$80,7322019Revenue 2020: $913,861Expenses 2020: $903,854Net Income 2020: $10,0072020Revenue 2021: $922,054Expenses 2021: $960,397Net Income 2021: -$38,3432021Revenue 2022: $1,018,811Expenses 2022: $1,038,700Net Income 2022: -$19,8892022Revenue 2023: $995,128Expenses 2023: $1,078,584Net Income 2023: -$83,4562023Revenue 2024: $1,526,325Expenses 2024: $1,241,838Net Income 2024: $284,4872024Revenue 2025: $1,297,295Expenses 2025: $1,327,480Net Income 2025: -$30,1852025

Highlighted filing

2020

Revenue$913,861
Expenses$903,854
Net Income$10,007
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Dec 16, 2020
Return Version
2019v5.0
Gross Receipts
$1,019,966
Mission and Program Overview

Mission

The Mission of Thames River Community Service, Inc. is to provide safe housing with support services by creating an environment in which families and individuals who experience homelessness pursue goals for self-sufficiency and control over their lives. This mission is accomplished by promoting family and individual wellness, by empowering people to develop an achievable plan for successful independent living, to pursue significant employment, to acquire life skills and to maintain stability.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$884,614$813,638▼ $70,976
Cash and Non-Interest-Bearing Accounts$129,163$166,902▲ $37,739
Investments in Publicly Traded Securities$127,609$130,326▲ $2,717
Pledges and Grants Receivable$83,193$99,669▲ $16,476
Prepaid Expenses and Deferred Charges$17,200$21,364▲ $4,164
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,241,781$1,231,899▼ $9,882
Other Assets Total$2$0▼ $2
Liabilities
Deferred Revenue$81,607$84,172▲ $2,565
Accounts Payable and Accrued Expenses$72,535$55,125▼ $17,410
Mortgage Notes Payable Secured by Investment Property$4,447--
Other Liabilities$4,865$3,936▼ $929
Total Liabilities$163,454$143,233▼ $20,221
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$978,332$977,221▼ $1,111
Net Assets With Donor Restrictions$99,995$111,445▲ $11,450
Total Net Assets Fund Balance$1,078,327$1,088,666▲ $10,339
Total Liabilities and Net Assets / Fund Balance$1,241,781$1,231,899▼ $9,882

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$664,084$2,152,721$2,816,805
Leasehold Improvements$106,202$120,290$226,492
Equipment$42,242$101,848$144,090
Other Land Buildings$1,110$129,606$130,716
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kathy AllenExecutive DirectorFT$82,373$2,468$84,841

Board Members and Trustees

NameTitle
Debbie EskraPast President
Nancy RobertsPresident
Matthew LiseeVice President
Carol WhithamDirector
Ellen CrichtonDirector
Keith LeeDirector
Louise SummaDirector
Margaret SabeDirector
Marilynn St OngeDirector
Michael BennettDirector
Robert FusariDirector
Theresa MadonnaDirector
Ornet HinesSecretary
GAYLE O'NEILLTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$856,457
Program Service Revenue
$43,494
Investment Income
$3,382
Other Revenue
$10,528
All Other Contributions
$258,667
Change in Net Assets
$10,007

Audited Revenue Reconciliation

Revenue per Audited Statements
$913,861
Revenue Not Reported on Form 990
$11,437
Total Revenue per Audited Statements
$925,298
Total Revenue per Form 990
$913,861
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$526,206
Other Expenses$377,648
Total Fundraising Expense$51,145
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$301,897$39,099$25,450$366,446
Occupancy$95,689$4,719$425$100,833
Depreciation Depletion$85,907--$85,907
Current Officers, Directors, Trustees, and Key Employees$66,176$10,181$8,484$84,841
Insurance$53,937$8,166$4,847$66,950
Other Employee Benefits$34,488$5,183$816$40,487
Payroll Taxes$27,209$4,223$3,000$34,432
Fees for Services Other$19,742$7,288$2,414$29,444
Office Expenses$9,511$1,161$1,183$11,855
Travel$3,610$194$83$3,887
Other Expenses$367$293$1,061$1,721
All Other Expenses$65$43$74$182
Total Functional Expenses$772,060$80,649$51,145$903,854

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$914,959
Expenses per Audited Statements$903,854
Total Expenses per Form 990$903,854
Expenses Not Reported on Form 990$11,105
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$19,372
Fundraising Direct Expenses$11,105
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Charity Luncheon & Auction$19,372$19,372$11,105$8,267
Total Events$19,372$19,372$11,105$8,267
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liability$3,936
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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, Line 11B: Form 990 Review Process

All board members review the 990. The board of directors then accepts the 990 for filing purposes.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The form is reviewed annually by the board of directors. Any changes are communicated to the staff and volunteers. Annually each director, officer, employee and volunteer complete and sign a conflict of interest disclosure form.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Board approval necessary.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Board approval necessary.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

These are available in the main office and are available on guidestar website.

Filing and Contact Details

Filer

Filer Name
Thames River Community Service Inc
EIN
22-3096914
Phone
8608873288
Address
One Thames River Place, Norwich, CT 06360

Signing Officer

Name
GAYLE O'NEILL
Title
Treasurer
Signed
2020-12-16
Discuss with paid preparer
Yes

Organization Details

Formed
1982
Legal Domicile
Ct
Voting Board Members
14
Independent Board Members
14
Employees
29
Volunteers
30

Preparer

Firm
Doherty Beals & Banks PC
Address
187 Williams St, New London, CT 06320
Preparer
Stacey L Gualtieri CPA
Phone
8604432033
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization recognized the tax benefits from uncertain tax positions when it is more-likely-than-not the position would be sustained upon examination by taxing authorities. As of June 30, 2019, the Organization had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. In the normal course of business, the Organizations tax filings are subject to examination by federal and state taxing authorities. The Organizations tax returns for the last three years remain open for examination.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Fundraising costs per f/e $11105

Part XII, Line 2D: Other expenses and losses per audited F/S

fundraising costs $11105

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt1Past President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4President
IRS990/Form990PartVIISectionAGrp/TitleTxt5Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Vice President
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IRS990/InsuranceGrp/ManagementAndGeneralAmt08166
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IRS990/InsuranceGrp/TotalAmt066950
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
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IRS990/MembersOrStockholdersInd0false
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IRS990/MissionDesc0The Mission of Thames River Community Service, Inc. is to provide safe housing with support services by creating an environment in which families and individuals who experience homelessness pursue goals for self-sufficiency and control over their lives. This mission is accomplished by promoting family and individual wellness, by empowering people to develop an achievable plan for successful independent living, to pursue significant employment, to acquire life skills and to maintain stability.
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt08267
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/OtherExpensesGrp/Desc0Direct Assistance- offsite
IRS990/OtherExpensesGrp/Desc1Direct Assistance- residents
IRS990/OtherExpensesGrp/Desc2Printing and Publications
IRS990/OtherExpensesGrp/Desc3Postage and Shipping
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IRS990/OtherExpensesGrp/FundraisingAmt11061
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt099
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1293
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IRS990/OtherSalariesAndWagesGrp/TotalAmt0366446
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
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IRS990/PayrollTaxesGrp/FundraisingAmt03000
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04223
IRS990/PayrollTaxesGrp/ProgramServicesAmt027209
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt099669
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IRS990/PYOtherRevenueAmt041425
IRS990/PYProgramServiceRevenueAmt031212
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IRS990/PYSalariesCompEmpBnftPaidAmt0514191
IRS990/PYTotalExpensesAmt0841948
IRS990/PYTotalRevenueAmt0761216
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt010007
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0913861
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0689562
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0675880
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0678381
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0829020
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03729300
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03075
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04890
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04480
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt012967

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.66$0.46$1.20$1.30$1.33$0.03
2024Detailed filing. Detailed filing data is available for this year.$1.45$0.22$1.23$1.53$1.24$0.28
2023Detailed filing. Detailed filing data is available for this year.$1.31$0.37$0.95$1.00$1.08$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.12$0.09$1.03$1.02$1.04$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.26$0.21$1.05$0.92$0.96$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.23$0.14$1.09$0.91$0.90$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.24$0.16$1.08$0.76$0.84$0.08
2018Detailed filing. Detailed filing data is available for this year.$1.24$0.08$1.16$0.80$0.83$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.37$0.16$1.21$0.76$0.87$0.11
2016Detailed filing. Detailed filing data is available for this year.$1.46$0.15$1.30$0.88$1.00$0.13
2015Detailed filing. Detailed filing data is available for this year.$1.63$0.21$1.42$0.91$1.00$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.65$0.14$1.51$0.97$0.95$0.02
2013Summary only. Only limited summary data is available for this year.$1.61$0.12$1.49$0.85$0.94$0.09
2012Summary only. Only limited summary data is available for this year.$1.65$0.08$1.57$0.86$0.98$0.12
2011Summary only. Only limited summary data is available for this year.$1.76$0.07$1.69$0.87$0.87$0.00