Civic Intelligence

Lupus Foundation of America Connecticut Chapter Inc

990 • Fiscal year 2014 • EIN 23-7327744

Oct 01, 2013 to Sep 30, 2014 • Filed on Apr 01, 2015

270 Farmington Avenue No 36206032

(860) 269-6241

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.05x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

81st percentile

0.10x

Higher debt load relative to revenue than 81% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

9th percentile

-40%

Higher net margin than 9% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

97th percentile

$80,000

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 35.5% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

24th percentile

-15%

Faster asset growth than 24% of similar nonprofits.

2014 filings • 501(c)3 • <$500k 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

$437,202

Down $76,918 (-15%) from 2013

Net Assets

Down

$414,121

Down $85,791 (-17%) from 2013

Liabilities

Up

$23,081

Up $8,873 (+62%) from 2013

Revenue

$225,366

No earlier filing loaded for comparison.

Expenses

Down

$314,386

Down $10,398 (-3.2%) from 2013

Net Income

-$89,020

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.

$600K$400K$200K$0Assets 2010: $519,704Liabilities 2010: $36,343Net Assets 2010: $483,3612010Assets 2011: $526,997Liabilities 2011: $57,789Net Assets 2011: $469,2082011Assets 2012: $521,109Liabilities 2012: $28,506Net Assets 2012: $492,6032012Assets 2013: $514,120Liabilities 2013: $14,208Net Assets 2013: $499,9122013Assets 2014: $437,202Liabilities 2014: $23,081Net Assets 2014: $414,1212014Assets 2015: $275,998Liabilities 2015: $26,228Net Assets 2015: $249,7702015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2014

Assets$437,202
Liabilities$23,081
Net Assets$414,121

Operations Trend

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

$400K$200K$0-$200K-$400KExpenses 2010: $233,0632010Expenses 2011: $292,1222011Expenses 2012: $294,2042012Expenses 2013: $324,7842013Revenue 2014: $225,366Expenses 2014: $314,386Net Income 2014: -$89,0202014Revenue 2015: $180,686Expenses 2015: $315,174Net Income 2015: -$134,4882015Revenue 2016: $73,954Expenses 2016: $323,724Net Income 2016: -$249,7702016

Highlighted filing

2014

Revenue$225,366
Expenses$314,386
Net Income-$89,020
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Apr 1, 2015
Return Version
2013v4.0
Gross Receipts
$434,931
Mission and Program Overview

Mission

To improve the quality of life for all people affected by lupus through programs of research, education, and advocacy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$275,244$305,680▲ $30,436
Accounts Receivable$37,630$50,611▲ $12,981
Inventories for Sale or Use$34,552$29,674▼ $4,878
Cash and Non-Interest-Bearing Accounts$18,966$28,666▲ $9,700
Savings and Temporary Cash Investments$131,584$8,416▼ $123,168
Prepaid Expenses and Deferred Charges$9,588$6,562▼ $3,026
Land, Buildings, and Equipment, Net$4,502$5,539▲ $1,037
Total Assets$514,120$437,202▼ $76,918
Other Assets Total$2,054$2,054→ $0
Liabilities
Accounts Payable and Accrued Expenses$6,961$22,996▲ $16,035
Other Liabilities$5,513$0▼ $5,513
Deferred Revenue$1,734$85▼ $1,649
Total Liabilities$14,208$23,081▲ $8,873
Net Assets / Fund Balance
Unrestricted Net Assets$332,107$257,728▼ $74,379
Temporarily Rstr Net Assets$167,805$156,393▼ $11,412
Total Net Assets Fund Balance$499,912$414,121▼ $85,791
Total Liabilities and Net Assets / Fund Balance$514,120$437,202▼ $76,918

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,539$27,395$32,934
Other Land Buildings$0$4,172$4,172
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michael TommasiPresidentFT$80,000$80,000
Corrianne GagliardiDirector of DevelopmentFT$46,000$46,000

Board Members and Trustees

NameTitle
Steve WygonowskiChairman
Eric FischerVice Chairman
Ann ParkeDirector
Catherine BergstromDirector
Frank SantoroDirector
Jessica KarleDirector
John LivingstonDirector
John VictoryDirector
Joseph CraftDirector
Lisa MccabeDirector
Veda WhiteDirector
Ivan RamosSecretary
Sean MorseTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$82,364
Program Service Revenue
$0
Investment Income
$26,126
Other Revenue
$116,876
All Other Contributions
$82,364
Change in Net Assets
$-89,020

Audited Revenue Reconciliation

Revenue per Audited Statements
$225,366
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$14,948
Total Revenue per Audited Statements
$240,314
Total Revenue per Form 990
$225,366
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$166,095
Other Expenses$148,291
Total Fundraising Expense$25,963
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$95,988$19,198$12,798$127,984
Payments to Affiliates$24,089$4,251-$28,340
Occupancy$21,943$3,872-$25,815
Other Salaries and Wages$17,366$3,472$2,316$23,154
Conferences and Meetings$13,354$2,357-$15,711
Payroll Taxes$11,217$2,244$1,496$14,957
Office Expenses$9,874$1,974$1,317$13,165
All Other Expenses$5,401$1,024$405$6,830
Other Expenses$10,050$960$5,440$6,400
Fees for Services Accounting$3,630$726$484$4,840
Insurance$1,850$370$247$2,467
Depreciation Depletion$1,472$491-$1,963
Fees for Services Other$898$179$120$1,197
Total Functional Expenses$235,295$53,128$25,963$314,386

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$326,105
Expenses per Audited Statements$314,386
Total Expenses per Form 990$314,386
Expenses Not Reported on Form 990$11,719
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$201,891
Fundraising Direct Expenses$74,140
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$103,754$103,754$27,463$76,291
Event 2$77,015$77,015$11,523$65,492
Total Events$201,891$201,891$74,140$127,751
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
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
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

Line 11a explanation - organization's president and treasurer review form 990 before it is filed.

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

Monitoring and enforcement is done through annual board meetings.

Form 990, Part VI, Section B, Line 15

President's compensation is reviewed and approved by the board of directors

Form 990, Part VI, Section C, Line 19

Financial statements are filed with state of connecticut attorney general's office and are made available upon request.

Filing and Contact Details

Filer

EIN
23-7327744
Phone
8602696241

Signing Officer

Name
Michael Tommasi
Title
Executive Director
Phone
8602696241
Signed
2015-04-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Tommasi
Formed
1973
Legal Domicile
Ct
Voting Board Members
13
Independent Board Members
13
Employees
2
Volunteers
400

Preparer

Preparer
Michael R Blezard CPA
Phone
8608711722
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization has not changed it's oversight process or selection process during the tax year.

Financial Statement Notes

PART X, LINE 2:

Management of the foundation evaluates all significant tax positions as required by gaap in the united states. As of september 30, 2014, management does not believe that it has taken any tax positions that would require the recording of any tax liability nor does it believe that there are any unrealized tax benefits that would either increase or decrease within the next twelve months. The foundations tax returns are subject to examination by the appropriate taxing jurisdictions. As of september 30, 2014, the foundation federal and state tax returns generally remain open for audit for three years after the date filed.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 10,875.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 10,875.

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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/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt020377
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0127751
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0127751
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-10875
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-10875
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt03229
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt03872
IRS990/OccupancyGrp/ProgramServicesAmt021943
IRS990/OccupancyGrp/TotalAmt025815
IRS990/OfficeExpensesGrp/FundraisingAmt01317
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01974
IRS990/OfficeExpensesGrp/ProgramServicesAmt09874
IRS990/OfficeExpensesGrp/TotalAmt013165
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02054
IRS990/OtherAssetsTotalGrp/EOYAmt02054
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PROGRAM
IRS990/OtherExpensesGrp/Desc1TEMPORARY STAFFING
IRS990/OtherExpensesGrp/Desc2BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/FundraisingAmt01340
IRS990/OtherExpensesGrp/FundraisingAmt15440
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02010
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2960
IRS990/OtherExpensesGrp/ProgramServicesAmt018163
IRS990/OtherExpensesGrp/ProgramServicesAmt110050
IRS990/OtherExpensesGrp/TotalAmt018163
IRS990/OtherExpensesGrp/TotalAmt113400
IRS990/OtherExpensesGrp/TotalAmt210000
IRS990/OtherExpensesGrp/TotalAmt36400
IRS990/OtherLiabilitiesGrp/BOYAmt05513
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt02316
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt03472
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt017366
IRS990/OtherSalariesAndWagesGrp/TotalAmt023154
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt04251
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt024089
IRS990/PaymentsToAffiliatesGrp/TotalAmt028340
IRS990/PayrollTaxesGrp/FundraisingAmt01496
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02244
IRS990/PayrollTaxesGrp/ProgramServicesAmt011217
IRS990/PayrollTaxesGrp/TotalAmt014957
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09588
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06562
IRS990/PrincipalOfficerNm0MICHAEL TOMMASI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0LUPUS FOUNDATION OF AMERICA, CONNECTICUT CHAPTER PROVIDES INFORMATION AND CONDUCTS PROGRAMS TO INCREASE AWARENESS OF THE DISEASE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt023530
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0950
IRS990/ProgSrvcAccomActy3Grp/Desc0LUPUS FOUNDATION OF AMERICA, CONNECTICUT CHAPTER PROVIDES GENERAL SUPPORT TO ASSIST WITH LFA'S NATIONAL EDUCATION AND AWARENESS PROGRAMS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt04705
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0190
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0203044
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt016065
IRS990/PYOtherExpensesAmt0187384
IRS990/PYOtherRevenueAmt0100548
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IRS990/PYRevenuesLessExpensesAmt0-5127
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IRS990/PYTotalExpensesAmt0324784
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0319657
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-89020
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt08362
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0131584
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08416
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0203044
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0287788
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0275407
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0202955
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01051558
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt026126
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt07215
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05395
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03488
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt047693
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95660
IRS990ScheduleA/PublicSupportPY170Pct00.97540
IRS990ScheduleA/PublicSupportTotal170Amt01051558
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt082364
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0203044
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0287788
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0275407
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0202955
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01051558
IRS990ScheduleA/TotalSupportAmt01099251
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/DonatedServicesAndUseFcltsAmt0844
IRS990ScheduleD/DonatedServicesUseFcltsAmt0844
IRS990ScheduleD/EquipmentGrp/BookValueAmt05539
IRS990ScheduleD/EquipmentGrp/DepreciationAmt027395
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt032934
IRS990ScheduleD/ExpensesNotReportedAmt011719
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0314386
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt03229
IRS990ScheduleD/OtherExpensesIncludedAmt010875
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04172
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04172
IRS990ScheduleD/OtherRevenueAmt010875
IRS990ScheduleD/RevenueNotReportedAmt014948
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0225366
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT OF THE FOUNDATION EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY GAAP IN THE UNITED STATES. AS OF SEPTEMBER 30, 2014, MANAGEMENT DOES NOT BELIEVE THAT IT HAS TAKEN ANY TAX POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT TWELVE MONTHS. THE FOUNDATIONS TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE TAXING JURISDICTIONS. AS OF SEPTEMBER 30, 2014, THE FOUNDATION FEDERAL AND STATE TAX RETURNS GENERALLY REMAIN OPEN FOR AUDIT FOR THREE YEARS AFTER THE DATE FILED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COST OF GOODS SOLD 10,875.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2COST OF GOODS SOLD 10,875.

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