Civic Intelligence

Tucson Residence Foundation Inc.

990 • Fiscal year 2014 • EIN 23-7305278

Jul 01, 2013 to Jun 30, 2014 • Filed on Dec 15, 2014

115 S Sherwood Village Dr85710

(520) 790-9144

Siviq Scores

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

Liabilities / Assets

54th percentile

0.23x

Higher debt load relative to assets than 54% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

46th percentile

0.16x

Higher debt load relative to revenue than 46% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

29th percentile

-2.6%

Higher net margin than 29% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

23rd percentile

$50,872

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

22nd percentile

-3.3%

Faster asset growth than 22% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$5,518,873

Down $187,683 (-3.3%) from 2013

Net Assets

Down

$4,261,590

Down $123,017 (-2.8%) from 2013

Liabilities

Down

$1,257,283

Down $64,666 (-4.9%) from 2013

Revenue

$7,791,108

No earlier filing loaded for comparison.

Expenses

Down

$7,990,753

Down $134,251 (-1.7%) from 2013

Net Income

-$199,645

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.

$15M$10M$5.0M$0Assets 2012: $6,143,135Liabilities 2012: $1,403,794Net Assets 2012: $4,739,3412012Assets 2013: $5,706,556Liabilities 2013: $1,321,949Net Assets 2013: $4,384,6072013Assets 2014: $5,518,873Liabilities 2014: $1,257,283Net Assets 2014: $4,261,5902014Assets 2015: $5,620,955Liabilities 2015: $1,259,438Net Assets 2015: $4,361,5172015Assets 2016: $5,847,235Liabilities 2016: $1,262,234Net Assets 2016: $4,585,0012016Assets 2017: $6,305,676Liabilities 2017: $1,258,724Net Assets 2017: $5,046,9522017Assets 2018: $7,196,923Liabilities 2018: $1,262,848Net Assets 2018: $5,934,0752018Assets 2019: $7,807,295Liabilities 2019: $1,222,156Net Assets 2019: $6,585,1392019Assets 2020: $8,677,945Liabilities 2020: $1,376,200Net Assets 2020: $7,301,7452020Assets 2021: $8,716,288Liabilities 2021: $998,040Net Assets 2021: $7,718,2482021Assets 2022: $9,204,507Liabilities 2022: $1,492,697Net Assets 2022: $7,711,8102022Assets 2023: $10,388,758Liabilities 2023: $2,340,004Net Assets 2023: $8,048,7542023Assets 2024: $10,307,006Liabilities 2024: $1,883,099Net Assets 2024: $8,423,9072024

Highlighted filing

2014

Assets$5,518,873
Liabilities$1,257,283
Net Assets$4,261,590

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2012: $8,272,6382012Expenses 2013: $8,125,0042013Revenue 2014: $7,791,108Expenses 2014: $7,990,753Net Income 2014: -$199,6452014Revenue 2015: $7,912,842Expenses 2015: $7,825,569Net Income 2015: $87,2732015Revenue 2016: $8,063,127Expenses 2016: $7,834,129Net Income 2016: $228,9982016Revenue 2017: $8,629,727Expenses 2017: $8,224,347Net Income 2017: $405,3802017Revenue 2018: $10,268,979Expenses 2018: $9,367,435Net Income 2018: $901,5442018Revenue 2019: $10,816,751Expenses 2019: $10,235,419Net Income 2019: $581,3322019Revenue 2020: $11,949,533Expenses 2020: $11,332,476Net Income 2020: $617,0572020Revenue 2021: $12,594,410Expenses 2021: $12,327,211Net Income 2021: $267,1992021Revenue 2022: $12,770,498Expenses 2022: $12,488,259Net Income 2022: $282,2392022Revenue 2023: $14,963,608Expenses 2023: $14,601,697Net Income 2023: $361,9112023Revenue 2024: $14,423,926Expenses 2024: $14,149,619Net Income 2024: $274,3072024

Highlighted filing

2014

Revenue$7,791,108
Expenses$7,990,753
Net Income-$199,645
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Dec 15, 2014
Return Version
2013v3.1
Gross Receipts
$7,791,108
Mission and Program Overview

Mission

Tucson residence foundation is committed to ensuring that everyone we support lives with dignity, choice, and purpose.

Service and support for developmentally disabled persons

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,900,774$2,852,031▼ $48,743
Land, Buildings, and Equipment, Net$1,813,957$1,713,848▼ $100,109
Pledges and Grants Receivable$642,424$636,190▼ $6,234
Cash and Non-Interest-Bearing Accounts$274,921$240,584▼ $34,337
Accounts Receivable$45,434$39,807▼ $5,627
Prepaid Expenses and Deferred Charges$29,046$36,413▲ $7,367
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-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$5,706,556$5,518,873▼ $187,683
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$927,375$877,671▼ $49,704
Accounts Payable and Accrued Expenses$394,574$379,612▼ $14,962
Total Liabilities$1,321,949$1,257,283▼ $64,666
Net Assets / Fund Balance
Unrestricted Net Assets$4,384,607$4,261,590▼ $123,017
Total Net Assets Fund Balance$4,384,607$4,261,590▼ $123,017
Total Liabilities and Net Assets / Fund Balance$5,706,556$5,518,873▼ $187,683

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,333,863$489,596$1,823,459
Equipment$220,072$376,130$596,202
Other Land Buildings$4,350$191,562$195,912
Land$155,563-$155,563
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
David AthaFinancial DirectorFT$50,872$50,872
Robert BennettiCEOFT$40,397$40,397

Board Members and Trustees

NameTitle
Edward CurleyChairman
Tim MurrayVice President
Gail CorkillDirector
Tony LuickDirector
Janet WoodSecretary
Bridget KrmpotichTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,753,124
Program Service Revenue
$754
Investment Income
$30,151
Other Revenue
$7,079
Change in Net Assets
$-199,645

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,791,108
Revenue Not Reported on Form 990
$76,628
Total Revenue per Audited Statements
$7,867,736
Total Revenue per Form 990
$7,791,108
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,799,115
Other Expenses$2,191,638
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,173,728$280,330-$5,454,058
All Other Expenses$432,515$137,492-$570,007
Payroll Taxes$431,840$26,298-$458,138
Occupancy$231,176$30,397-$261,573
Other Expenses$99,096$1,328-$100,424
Current Officers, Directors, Trustees, and Key Employees-$92,210-$92,210
Insurance$61,604$14,080-$75,684
Fees for Services Accounting-$39,929-$39,929
Interest-$28,007-$28,007
Fees for Services Legal-$14,362-$14,362
Office Expenses$790$11,670-$12,460
Travel$6,452--$6,452
Other Employee Benefits$-169,154$-36,137-$-205,291
Total Functional Expenses$7,349,144$641,609$0$7,990,753

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,990,753
Total Expenses per Audited Statements$7,990,753
Total Expenses per Form 990$7,990,753
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
No
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, Line 11B: Form 990 Review Process

The governing board will conduct review of return as it is readied for submission.

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

The agency will make governing board documents , access to conflict of interest policy, and 990 tax returns available upon formal request.

Filing and Contact Details

Filer

EIN
23-7305278
Phone
5207909144

Signing Officer

Name
Robert Bennetti
Title
CEO
Signed
2014-12-15
Discuss with paid preparer
Yes

Organization Details

Formed
1971
Legal Domicile
Az
Voting Board Members
6
Independent Board Members
6
Employees
455

Preparer

Preparer
Richard K Wendtland Jr CPA
Phone
5203237600
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05173728
IRS990/OtherSalariesAndWagesGrp/TotalAmt05454058
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt026298
IRS990/PayrollTaxesGrp/ProgramServicesAmt0431840
IRS990/PayrollTaxesGrp/TotalAmt0458138
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0642424
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0636190
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt029046
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt036413
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CLIENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0754
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0754
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt07691829
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt045954
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02088074
IRS990/PYOtherRevenueAmt013258
IRS990/PYProgramServiceRevenueAmt010879
IRS990/PYRevenuesLessExpensesAmt0-363084
IRS990/PYSalariesCompEmpBnftPaidAmt06036930
IRS990/PYTotalExpensesAmt08125004
IRS990/PYTotalRevenueAmt07761920
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-199645
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt07753878
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02900774
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02852031
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt07753124
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt07691829
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt07926110
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt08492367
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt08590235
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt040453665
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt030151
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt045954
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt039385
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt037674
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt015221
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0168385
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt07079
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt013258
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt023561
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt038017
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0111883
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0193798
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99110
IRS990ScheduleA/PublicSupportPY170Pct00.99070
IRS990ScheduleA/PublicSupportTotal170Amt040453665
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt07753124
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt07691829
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt07926110
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt08492367
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt08590235
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt040453665
IRS990ScheduleA/TotalSupportAmt040815848
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01333863
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0489596
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01823459
IRS990ScheduleD/EquipmentGrp/BookValueAmt0220072
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0376130
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0596202
IRS990ScheduleD/ExpensesSubtotalAmt07990753
IRS990ScheduleD/LandGrp/BookValueAmt0155563
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0155563
IRS990ScheduleD/NetUnrealizedGainsInvstAmt076628
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04350
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0191562
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0195912
IRS990ScheduleD/RevenueNotReportedAmt076628
IRS990ScheduleD/RevenueSubtotalAmt07791108
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01713848
IRS990ScheduleD/TotalExpensesPerForm990Amt07990753
IRS990ScheduleD/TotalRevenuePerForm990Amt07791108
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07867736
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07990753
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GOVERNING BOARD WILL CONDUCT REVIEW OF RETURN AS IT IS READIED FOR SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE AGENCY WILL MAKE GOVERNING BOARD DOCUMENTS , ACCESS TO CONFLICT OF INTEREST POLICY, AND 990 TAX RETURNS AVAILABLE UPON FORMAL REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05706556
IRS990/TotalAssetsEOYAmt05518873
IRS990/TotalAssetsGrp/BOYAmt05706556
IRS990/TotalAssetsGrp/EOYAmt05518873
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt07753124
IRS990/TotalEmployeeCnt0455
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0641609
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt07349144
IRS990/TotalFunctionalExpensesGrp/TotalAmt07990753
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01321949
IRS990/TotalLiabilitiesEOYAmt01257283

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