Civic Intelligence

Roots & Wings Foundation a New Jersey Non Profit Corporation

990 • Fiscal year 2012 • EIN 22-3683539

Jan 01, 2012 to Dec 31, 2012 • Filed on Sep 11, 2013

75 Bloomfield Avenue No 30307834
Siviq Scores

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

Liabilities / Assets

29th percentile

0.03x

Higher debt load relative to assets than 29% of similar nonprofits.

2012 filings • NTEE P • $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

69th percentile

11%

Faster asset growth than 69% of similar nonprofits.

2012 filings • NTEE P • $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

$742,369

Up $75,086 (+11%) from 2011

Net Assets

Up

$721,526

Up $77,309 (+12%) from 2011

Liabilities

Down

$20,843

Down $2,223 (-9.6%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$396,813

Down $2,291 (-0.6%) 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.

$3.0M$2.0M$1.0M$0Assets 2010: $244,819Liabilities 2010: $28,812Net Assets 2010: $216,0072010Assets 2011: $667,283Liabilities 2011: $23,066Net Assets 2011: $644,2172011Assets 2012: $742,369Liabilities 2012: $20,843Net Assets 2012: $721,5262012Assets 2013: $806,166Liabilities 2013: $18,872Net Assets 2013: $787,2942013Assets 2014: $1,105,378Liabilities 2014: $35,432Net Assets 2014: $1,069,9462014Assets 2015: $1,175,296Liabilities 2015: $32,212Net Assets 2015: $1,143,0842015Assets 2016: $1,364,628Liabilities 2016: $36,259Net Assets 2016: $1,328,3692016Assets 2017: $1,635,691Liabilities 2017: $44,709Net Assets 2017: $1,590,9822017Assets 2018: $1,690,014Liabilities 2018: $54,458Net Assets 2018: $1,635,5562018Assets 2019: $1,811,620Liabilities 2019: $125,439Net Assets 2019: $1,686,1812019Assets 2020: $1,718,957Liabilities 2020: $130,692Net Assets 2020: $1,588,2652020Assets 2021: $2,006,269Liabilities 2021: $60,659Net Assets 2021: $1,945,6102021Assets 2022: $2,004,784Liabilities 2022: $44,571Net Assets 2022: $1,960,2132022Assets 2023: $2,288,875Liabilities 2023: $79,297Net Assets 2023: $2,209,5782023Assets 2024: $2,748,147Liabilities 2024: $103,115Net Assets 2024: $2,645,0322024

Highlighted filing

2012

Assets$742,369
Liabilities$20,843
Net Assets$721,526

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $373,4212010Expenses 2011: $399,1042011Expenses 2012: $396,8132012Revenue 2013: $524,146Expenses 2013: $458,378Net Income 2013: $65,7682013Revenue 2014: $855,887Expenses 2014: $573,235Net Income 2014: $282,6522014Revenue 2015: $705,138Expenses 2015: $632,000Net Income 2015: $73,1382015Revenue 2016: $834,478Expenses 2016: $649,193Net Income 2016: $185,2852016Revenue 2017: $963,865Expenses 2017: $701,261Net Income 2017: $262,6042017Revenue 2018: $957,003Expenses 2018: $912,429Net Income 2018: $44,5742018Revenue 2019: $1,031,057Expenses 2019: $980,432Net Income 2019: $50,6252019Revenue 2020: $892,828Expenses 2020: $990,744Net Income 2020: -$97,9162020Revenue 2021: $1,348,878Expenses 2021: $991,533Net Income 2021: $357,3452021Revenue 2022: $1,018,044Expenses 2022: $1,003,441Net Income 2022: $14,6032022Revenue 2023: $1,370,210Expenses 2023: $1,120,845Net Income 2023: $249,3652023Revenue 2024: $1,507,542Expenses 2024: $1,072,088Net Income 2024: $435,4542024

Highlighted filing

2012

Revenue-
Expenses$396,813
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Sep 11, 2013
Return Version
2012v2.1
Gross Receipts
$544,290
Mission and Program Overview

Mission

To provide young adults who age out of the foster care system in new jersey with safe housing, educational support, counseling, and life skills in order to empower them towards self sufficiency.

Filing and Contact Details

Filer

EIN
22-3683539
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IRS990/Description0YOUTH SUPPORT AND HOUSING - TO PROVIDE AT-RISK ADOLESCENT AND AGED-OUT FOSTER CARE YOUTH WITH THE VITAL SUPPORT SYSTEMS NECESSARY FOR ACHIEVING SELF SUFFICIENCY. IN THE SUMMER OF 2012, ROOTS & WINGS PURCHASED HOME BASE: A CENTER FOR FORMER FOSTER CHILDREN. HOME BASE HAS FOUR DEDICATED ROOMS FOR THE EDUCATION, CAREER, SOCIAL AND EMOTIONAL DEVELOPMENT OF OUR CLIENTS. THE DEN IS AN AREA WHERE OUR CLIENTS CAN COME TOGETHER WITH THEIR MENTOR AND PEERS TO SOCIALIZE AND CELEBRATE LIFES MILESTONES. THE PANTRY PROVIDES FOOD STAPLE ITEMS, PAPER PRODUCTS, SCHOOL SUPPLIES, AND LINENS TO OUR CLIENTS WHEN NEEDED. THE PANTRY ALSO HAS AN AREA WHERE THE CLIENTS CAN COME TOGETHER TO SHARE MEALS. THE COUNSELING ROOM IS A SERENE SPACE WHERE OUR CLIENTS RECEIVE THERAPEUTIC SERVICES. AND, THE MEDIA ROOM PROVIDES CLASSROOM SPACE FOR SEMINARS AND LIFE SKILLS CLASSES. IT ALSO HOUSES A LIBRARY AND FOUR COMPUTERS WHERE CLIENTS CAN DO THEIR HOMEWORK AND PERFORM JOB SEARCHES.HOME BASE HAS ALLOWED ROOTS & WINGS TO SERVE MORE CLIENTS AND PROVIDE THEM WITH A SAFE, COMFORTABLE ENVIRONMENT TO LEARN, HEAL AND SOCIALIZE.HOME BASE HAS ALLOWED ROOTS & WINGS TO SERVE NOT ONLY THE YOUNG ADULTS IN ITS RESIDENTIAL PROGRAM BUT HAS BEEN A HUGE CONTRIBUTING FACTOR TO THE SUCCESS AND EXPANSION OF OUR OUTREACH PROGRAM. NOW ROOTS & WINGS OFFERS ITS CASE MANAGEMENT, ADVOCACY, LIFE SKILLS, AND COUNSELING SERVICES TO FORMER FOSTER YOUTH WHO ARE LIVING IN MORRIS COUNTY AND SURROUNDING AREAS. THESE YOUNG ADULTS ARE STRUGGLING WITH DAILY LIVING, REACHING THEIR EDUCATIONAL GOALS, AND/OR FINDING A CAREER PATH THAT CAN LEAD THEM TO SELF-SUFFICIENCY. SINCE THE OPENING OF HOME BASE, ROOTS & WINGS HAS SERVED 12 FORMER FOSTER YOUTH IN ITS OUTREACH PROGRAM, 6 OF WHOM WERE NEW TO THE PROGRAM. THE OUTREACH PROGRAM IS OFF TO A GREAT START! IT IS OUR GOAL TO EXPAND THESE OUTREACH SERVICES TO REACH EVEN MORE AGED OUT FOSTER YOUTH. PLANS INCLUDE THE ADDITION OF ANOTHER PART-TIME CLIENT ADVOCATE TO MEET THE NEED OF POTENTIAL CLIENTS AND ADDITIONAL GROUPS AND SEMINARS GEARED TOWARD THE SPECIFIC NEEDS OF OUR OUTREACH CLIENTS.DURING 2012, WE SERVED 8 CLIENTS IN OUR RESIDENTIAL PROGRAM. THREE CLIENTS GRADUATED FROM OUR PROGRAM, ALL EXIT TO SAFE STABLE HOUSING. ONE CLIENT GRADUATED FROM MORRIS COUNTY COLLEGE AND MOVED ONTO A FOUR YEAR UNIVERSITY WITH A SCHEDULED GRADUATION DATE OF 2014. ANOTHER CLIENT IN THE PROGRAM COMPLETED HIGH SCHOOL. ANOTHER CLIENT COMPLETED THE SMALL BUSINESS CERTIFICATE PROGRAM AT CCM AND ANOTHER COMPLETE A VOCATIONAL TRAINING. WE HAD OTHERS CONTINUE THEIR PATH TO MEETING THEIR EDUCATIONAL GOALS. ALL OF OUR CLIENTS RECEIVED LIFE SKILLS TRAINING AND ATTENDED MONTHLY SEMINARS ON A VARIETY OF TOPICS IN OUR NEW OFFICE SPACE.
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IRS990ScheduleD/FootnoteInPartXIII0X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0ROOTS & WINGS FOUNDATION MAINTAINS CUSTODIAL ACCOUNTS FOR ITS CLIENTS. THE CUSTODIAL ACCOUNTS ARE SET UP TO HOLD FUNDS PAID BY THE CLIENTS TO ROOTS & WINGS FOUNDATION AS A MEANS OF PAYING BILLS AND MONTHLY EXPENSES. AT THE COMPLETION OF THE PROGRAM, THE TOTAL AMOUNT OF FUNDS COLLECTED FROM THE INDIVIDUAL IS THEN RETURNED BACK TO THEM.
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation1THE FOUNDATION IS AN APPROVED CHARITABLE, NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS AN EXEMPT ENTITY UNDER TITLE 15 OF THE STATE OF NEW JERSEY, CORPORATIONS AND ASSOCIATIONS NOT-FOR-PROFIT ACT. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAX HAS BEEN PRESENTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. MANAGEMENT HAS STATED THAT ALL REQUIRED TAX RETURNS WILL BE FILED AND APPLICABLE TAXES PAID IN A TIMELY MANNER. THE FOUNDATION FOLLOWS ASC 740-10-50-15, ACCOUNTING FOR UNCERTAINTY IN 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 RELATED TO THOSE TAX POSITIONS. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS TAX RETURNS AND ACCORDINGLY, HAS NOT RECORDED ANY TAX PROVISION FOR THE YEAR ENDED DECEMBER 31, 2012. HOWEVER, THE FOUNDATION IS SUBJECT TO AUDIT BY THE FEDERAL AND STATE OF NEW JERSEY JURISDICTIONS DURING CERTAIN STATUTORY PERIODS. AS SUCH, CERTAIN TAX POSITIONS COULD BE CHALLENGED AND THE AMOUNTS ULTIMATELY PAID, IF ANY, UPON RESOLUTION OF THE ISSUES RAISED BY THE TAXING AUTHORITIES, MAY DIFFER MATERIALLY FROM THE AMOUNTS FILED. AS REQUIRED BY LAW, THE FOUNDATION FILES INFORMATIONAL RETURNS WITH BOTH THE FEDERAL AND NEW JERSEY STATE GOVERNMENTS ON AN ANNUAL BASIS - FORM 990 WITH THE INTERNAL REVENUE SERVICE, AND FORM CRI-300R WITH THE STATE. THESE RETURNS ARE SUBJECT TO EXAMINATION 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/Form990ScheduleDPartXIII/Explanation2DIRECT FUNDRAISING EXPENSES 61,254. RENTAL EXPENSES 8,914.
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation3DIRECT FUNDRAISING EXPENSES 61,254. RENTAL EXPENSES 8,914.
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0PART IV, LINE 2B:
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference1PART X, LINE 2:
IRS990ScheduleD/IncludedOnFS01
IRS990ScheduleD/Land/BookValue0180800
IRS990ScheduleD/Land/OtherCostOrOtherBasis0180800
IRS990ScheduleD/OtherExpensesIncluded070168
IRS990ScheduleD/OtherLandBuildings/BookValue019689
IRS990ScheduleD/OtherLandBuildings/Depreciation01349
IRS990ScheduleD/OtherLandBuildings/OtherCostOrOtherBasis021038
IRS990ScheduleD/OtherRevenues070168
IRS990ScheduleD/RevenueNotRptdF990070168
IRS990ScheduleD/RevenueNotRptdOnFinStmt00
IRS990ScheduleD/RevenueSubtotal0474122
IRS990ScheduleD/TotalExpensesPerForm9900396813
IRS990ScheduleD/TotalOfBookValueLandBuildings0507778
IRS990ScheduleD/TotalRevenuePerForm9900474122
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt0466981
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt0544290
IRS990ScheduleG/EventsInformation/CharitableContributionsEvent10204564
IRS990ScheduleG/EventsInformation/CharitableContributionsEvent207799
IRS990ScheduleG/EventsInformation/CharitableContributionsTotal0212363
IRS990ScheduleG/EventsInformation/DirectExpenseSummaryEvents061254
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent10257662
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent2015955
IRS990ScheduleG/EventsInformation/GrossReceiptsTotal0273617
IRS990ScheduleG/EventsInformation/GrossRevenueEvent1053098
IRS990ScheduleG/EventsInformation/GrossRevenueEvent208156
IRS990ScheduleG/EventsInformation/GrossRevenueTotalEvents061254
IRS990ScheduleG/EventsInformation/NameOfEvent10OKTOBERFEST
IRS990ScheduleG/EventsInformation/NameOfEvent20SKEET SHOOTING
IRS990ScheduleG/EventsInformation/NetIncomeSummary00
IRS990ScheduleG/EventsInformation/OtherDirectExpensesEvent1053098
IRS990ScheduleG/EventsInformation/OtherDirectExpensesEvent208156
IRS990ScheduleG/EventsInformation/OtherDirectExpensesTotalEvents061254
IRS990ScheduleI/Form990ScheduleIPartIII/AmountOfCashGrant057279
IRS990ScheduleI/Form990ScheduleIPartIII/NumberOfRecipients09
IRS990ScheduleI/Form990ScheduleIPartIII/TypeOfGrant0RENT AND OCCUPANCY ASSISTANCE
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0SCHEDULE I, PART I, LINE 2: GRANTS ARE APPLIED DIRECTLY TO PAYING BILLS AND MONTHLY EXPENSES FOR PURPOSES OF THE YOUTH HOUSING PROGRAMS. THESE PAYMENTS FLOW THROUGH THE INTERNAL CONTROL SYSTEM OF THE FOUNDATION. GRANTS ARE USED IN ACCORDANCE WITH ESTABLISHED GUIDELINES.
IRS990ScheduleI/Form990ScheduleIPartIV/Identifier0PROCEDURE FOR MONITORING GRANTS IN THE U.S.:
IRS990ScheduleI/Form990ScheduleIPartIV/ReturnReference0PART I, LINE 2:
IRS990ScheduleI/RecordsMaintained01
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0ROOTS AND WINGS FOUNDATION 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/GeneralExplanation/Explanation1ROOTS AND WINGS FOUNDATION CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT REGULARLY MONITORS AND ENFORCES. THE BOARD MANDATES THAT ALL MEMBERS OF MANAGEMENT AND 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 THERE IS NO LONGER A CONFLICT.
IRS990ScheduleO/GeneralExplanation/Explanation2THE COMPENSATION OF THE FOUNDATIONS OFFICERS OR KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES AN INDEPENDENT BODY.
IRS990ScheduleO/GeneralExplanation/Explanation3ROOTS AND WINGS FOUNDATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE UPON WRITTEN REQUEST AT THE FOUNDATIONS OFFICE AT 75 BLOOMFIELD AVE, SUITE 303, DENVILLE, NJ, 07834. IN ADDITION FORMS 1023 AS WELL AS THE FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT THE FOUNDATIONS OFFICE AT 75 BLOOMFIELD AVE, SUITE 303, DENVILLE, NJ, 07834.
IRS990ScheduleO/GeneralExplanation/Explanation4FORM 990. PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION C, LINE 19
IRS990/ScheduleORequired01

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.75$0.10$2.65$1.51$1.07$0.44
2023Detailed filing. Detailed filing data is available for this year.$2.29$0.08$2.21$1.37$1.12$0.25
2022Detailed filing. Detailed filing data is available for this year.$2.00$0.04$1.96$1.02$1.00$0.01
2021Detailed filing. Detailed filing data is available for this year.$2.01$0.06$1.95$1.35$0.99$0.36
2020Detailed filing. Detailed filing data is available for this year.$1.72$0.13$1.59$0.89$0.99$0.10
2019Detailed filing. Detailed filing data is available for this year.$1.81$0.13$1.69$1.03$0.98$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.69$0.05$1.64$0.96$0.91$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.64$0.04$1.59$0.96$0.70$0.26
2016Detailed filing. Detailed filing data is available for this year.$1.36$0.04$1.33$0.83$0.65$0.19
2015Detailed filing. Detailed filing data is available for this year.$1.18$0.03$1.14$0.71$0.63$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.11$0.04$1.07$0.86$0.57$0.28
2013Detailed filing. Detailed filing data is available for this year.$0.81$0.02$0.79$0.52$0.46$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.02$0.72$0.40
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.02$0.64$0.40
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.03$0.22$0.37