Civic Intelligence

Arlington Tomorrow Foundation

990 • Fiscal year 2015 • EIN 26-0672468

Oct 01, 2014 to Sep 30, 2015 • Filed on May 31, 2016

PO Box 90231 MS 01-0370Arlington, TX 76004

(817) 459-6419

Siviq Scores

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

Liabilities / Assets

8th percentile

0.01x

Higher debt load relative to assets than 8% of similar nonprofits.

2015 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2015

Liabilities / Revenue

43rd percentile

0.42x

Higher debt load relative to revenue than 43% of similar nonprofits.

2015 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2015

Net Margin

1st percentile

-146%

Higher net margin than 1% of similar nonprofits.

2015 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2015

Top Officer Pay

7th percentile

$166,687

Higher top officer pay than 7% of similar nonprofits.

Top officer pay equals 5.6% of source-year revenue.

2015 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2015

Asset Growth

8th percentile

-7.5%

Faster asset growth than 8% of similar nonprofits.

2015 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2014 to 2015

Revenue Growth

2nd percentile

-72%

Faster revenue growth than 2% of similar nonprofits.

2015 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2014 to 2015

Assets

Down

$105,995,705

Down $8,599,439 (-7.5%) from 2014

Net Assets

Down

$104,743,544

Down $9,450,268 (-8.3%) from 2014

Liabilities

Up

$1,252,161

Up $850,829 (+212%) from 2014

Revenue

Down

$2,964,616

Down $7,696,567 (-72%) from 2014

Expenses

Up

$7,296,614

Up $5,496,950 (+305%) from 2014

Net Income

Down

-$4,331,998

Down $13,193,517 (-149%) from 2014

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2013: $102,572,852Liabilities 2013: $60,324Net Assets 2013: $102,512,5282013Assets 2014: $114,595,144Liabilities 2014: $401,332Net Assets 2014: $114,193,8122014Assets 2015: $105,995,705Liabilities 2015: $1,252,161Net Assets 2015: $104,743,5442015Assets 2016: $61,184,348Liabilities 2016: $1,400,526Net Assets 2016: $59,783,8222016Assets 2017: $71,426,260Liabilities 2017: $1,185,509Net Assets 2017: $70,240,7512017Assets 2018: $75,243,662Liabilities 2018: $1,835,903Net Assets 2018: $73,407,7592018Assets 2019: $79,261,577Liabilities 2019: $2,128,781Net Assets 2019: $77,132,7962019Assets 2020: $82,732,419Liabilities 2020: $826,875Net Assets 2020: $81,905,5442020Assets 2021: $100,083,582Liabilities 2021: $7,212,725Net Assets 2021: $92,870,8572021Assets 2022: $78,603,009Liabilities 2022: $3,456,359Net Assets 2022: $75,146,6502022Assets 2023: $90,763,966Liabilities 2023: $1,717,900Net Assets 2023: $89,046,0662023Assets 2024: $114,578,977Liabilities 2024: $1,009,879Net Assets 2024: $113,569,0982024

Highlighted filing

2015

Assets$105,995,705
Liabilities$1,252,161
Net Assets$104,743,544

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2013: $1,997,6802013Revenue 2014: $10,661,183Expenses 2014: $1,799,664Net Income 2014: $8,861,5192014Revenue 2015: $2,964,616Expenses 2015: $7,296,614Net Income 2015: -$4,331,9982015Revenue 2016: $4,826,522Expenses 2016: $1,728,272Net Income 2016: $3,098,2502016Revenue 2017: $7,841,106Expenses 2017: $4,471,376Net Income 2017: $3,369,7302017Revenue 2018: $18,678,290Expenses 2018: $6,659,231Net Income 2018: $12,019,0592018Revenue 2019: $5,951,183Expenses 2019: $2,055,009Net Income 2019: $3,896,1742019Revenue 2020: $5,968,164Expenses 2020: $6,204,501Net Income 2020: -$236,3372020Revenue 2021: $21,077,452Expenses 2021: $10,216,907Net Income 2021: $10,860,5452021Revenue 2022: $6,370,431Expenses 2022: $8,860,333Net Income 2022: -$2,489,9022022Revenue 2023: $8,482,278Expenses 2023: $2,143,976Net Income 2023: $6,338,3022023Revenue 2024: $18,627,468Expenses 2024: $8,803,574Net Income 2024: $9,823,8942024

Highlighted filing

2015

Revenue$2,964,616
Expenses$7,296,614
Net Income-$4,331,998
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
May 31, 2016
Return Version
2014v6.0
Gross Receipts
$3,124,900
Mission and Program Overview

Mission

The arlington tomorrow foundation is dedicated to programs that make arlington, texas an exemplary environment to live, learn, work and play.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$99,868,097$99,345,106▼ $522,991
Savings and Temporary Cash Investments$14,443,510$6,650,599▼ $7,792,911
Pledges and Grants Receivable$283,537--
Total Assets$114,595,144$105,995,705▼ $8,599,439
Liabilities
Accounts Payable and Accrued Expenses$401,332$1,252,161▲ $850,829
Total Liabilities$401,332$1,252,161▲ $850,829
Net Assets / Fund Balance
Permanently Rstr Net Assets$101,087,982$101,088,336▲ $354
Temporarily Rstr Net Assets$13,105,476$3,655,208▼ $9,450,268
Unrestricted Net Assets$354--
Total Net Assets Fund Balance$114,193,812$104,743,544▼ $9,450,268
Total Liabilities and Net Assets / Fund Balance$114,595,144$105,995,705▼ $8,599,439

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$114,193,458-▼ $2,159,903-$104,743,544
2013$102,497,174$7,690,789▲ $5,790,159-$114,193,458
2012$94,040,232$7,645,473▲ $2,824,150-$102,497,174
2011$81,465,038$9,972,100▲ $3,973,343-$94,040,232
2010$69,256,260$11,269,945▲ $2,716,025-$81,465,038
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carolyn MentesanaExecutive DiFT$117,818$48,869$166,687
Carolyn MentesanaExecutive Director-$110,971$55,716$166,687

Board Members and Trustees

NameTitle
Robert CluckPresident /
Jeff WilliamsPresident/di
Jimmy BennettDirector
Kathryn WilemonDirector
Lana WolffDirector
Michael GlaspieDirector
Sheri CapehartDirector
Charlie ParkerSecretary/di
Robert RiveraTreasurer/di
Robert ShepardVice Pres/di
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$2,964,616
Other Revenue
$0
Change in Net Assets
$-4,331,998
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$6,876,457
Other Expenses$237,946
Salaries, Compensation, and Employee Benefits$182,211
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$6,876,457--$6,876,457
Current Officers, Directors, Trustees, and Key Employees-$158,080-$158,080
Fees for Service Investment Mgmnt Fees-$127,500-$127,500
Office Expenses-$48,577-$48,577
Fees for Services Other$22,574$1,250-$23,824
Other Salaries and Wages-$22,004-$22,004
Fees for Services Accounting-$17,660-$17,660
Occupancy-$11,419-$11,419
Fees for Services Legal-$8,644-$8,644
Payroll Taxes-$2,063-$2,063
Travel-$255-$255
Advertising-$67-$67
Pension Plan Contributions-$64-$64
Total Functional Expenses$6,899,031$397,583$0$7,296,614
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of ArlingtonArlington, TXGovCentral Library$4,067,000
Boys & Girls ClubArlington, TX501c3Greatfutures Academy$650,000
City of ArlingtonArlington, TXGovParks & Recreation$450,000
Friends of the Levitt PavilionArlington, TX501c3Video Screen$300,000
City of ArlingtonArlington, TXGovAirport Fund$263,757
City of ArlingtonArlington, TXGovCommunity Develop.$250,000
Arlington Museum of ArtArlington, TX501c3Lautrec & Moderne$100,000
Heroes of South VietnamArlington, TX501c3Statue for Memorial$100,000
Catholic Charities of Fort WorthFort Worth, TX501c3Transportation Purch$75,000
Arlington Museum of ArtArlington, TX501c3Art of Business$50,000
City of ArlingtonArlington, TXGovParks & Recreation$50,000
Communities Foundation of TexasDallas, TX501c3General Support$50,000
Helping Restore AbilityArlington, TX501c3General Support$50,000
Senior Citizen Services of TarrantFort Worth, TX501c3Senior Wellness$49,000
Arlington Life ShelterArlington, TX501c3Volunteer Food Srvc.$43,000
The Warm PlaceFort Worth, TX501c3CHILDREN'S ROOM PROJ$40,000
Theater ArlingtonArlington, TX501c3General Support$40,000
Meals on Wheels of Tarrant CountyFort Worth, TX501c3Meals for Homebound$38,500
Dance Theater ArlingtonArlington, TX501c3Dance Texas$38,200
City of ArlingtonArlington, TXGovCentral Library$35,500
Arlington Urban MinistriesArlington, TX501c3Thriving Families$35,000
Cancer Care ServicesFort Worth, TX501c3Patient Nav. Program$30,000
Downtown Arlington Management CorpArlington, TX501c3Project Dream$25,000
THE WOMEN'S CENTER OF TARRANT CNTYFort Worth, TX501c3Counseling Services$20,000
Sponsor AdoptionsArlington, TX501c3General Support$10,000
Tarrant County Assoc for the BlindFort Worth, TX501c3Lighthouse Rehab$10,000
Symphony ArlingtonArlington, TX501c3Golden Ticket Prog.$6,500
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
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 is prepared by an outside cpa firm. Upon completion of the return it is provided to the executive director for review and approval. The return is then provided to the board prior to signing and filing with the internal revenue service.

Form 990, Page 6, Part VI, Line 12C

The board members sign the conflict of interest documents at the annual meeting every october. Additionally, twice a year during grant award deliberations, those conflicts of interest are used to control and disclose to the board conflicts related to applicants requesting grants.

Form 990, Page 6, Part VI, Line 15A

The executive director's salary is approved by the board of directors and the city manager for the city of arlington. The compensation is determined by taking into account information from salary surveys and compensation for similar positions.

Form 990, Page 6, Part VI, Line 19

The governing documents, conflict of interest policy, and financial statements are available upon request.

Form 990, Part VII

The form w-2 for carolyn mentesana was issued by the city of arlington. However, the arlington tomorrow foundation reimbursed the city for her salary and benefits. It is reported as such in column d of part vii.

Filing and Contact Details

Filer

Filer Name
Arlington Tomorrow Foundation
EIN
26-0672468
Phone
8174596419
Address
PO BOX 90231 MS 01-0370, ARLINGTON, TX 76004

Signing Officer

Name
Carolyn Mentesana
Title
Executive Director
Phone
8174596419
Signed
2016-05-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carolyn Mentesana
Formed
2007
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
2

Preparer

Firm
Sommerville & Associates Pc
Address
3030 MATLOCK RD STE 201, ARLINGTON, TX 76015-2936
Preparer
Elaine L Sommerville CPA
Phone
8177955046
Supplemental Narrative

Additional Explanations

Form 990, Part V

The organization does not directly employ any staff, but rather utilitizes staff employed by the city of arlington. Due to this arrangement the organization does not file a form w-3 or forms 941.

Form 990, Part XI, Line 9

Unused grant awarded in prior years 6,250

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The endowment funds have been established at the request of the city of arlington to provide funding for projects and provide for improvements in the quality of life for the citizens of arlington, texas in the following areas: safe neighborhoods strong neighborhoods animal services environment and energy historic preservation arlington workforce youth and families parks and recreation arts and culture libraries and books beautification airport projects cemetary maintenance

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT FUNDS HAVE BEEN ESTABLISHED AT THE REQUEST OF THE CITY OF ARLINGTON TO PROVIDE FUNDING FOR PROJECTS AND PROVIDE FOR IMPROVEMENTS IN THE QUALITY OF LIFE FOR THE CITIZENS OF ARLINGTON, TEXAS IN THE FOLLOWING AREAS: SAFE NEIGHBORHOODS STRONG NEIGHBORHOODS ANIMAL SERVICES ENVIRONMENT AND ENERGY HISTORIC PRESERVATION ARLINGTON WORKFORCE YOUTH AND FAMILIES PARKS AND RECREATION ARTS AND CULTURE LIBRARIES AND BOOKS BEAUTIFICATION AIRPORT PROJECTS CEMETARY MAINTENANCE
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0VOLUNTEER FOOD SRVC.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1THRIVING FAMILIES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2ART OF BUSINESS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3LAUTREC & MODERNE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4GREATFUTURES ACADEMY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5TRANSPORTATION PURCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6PATIENT NAV. PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7COMMUNITY DEVELOP.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8CENTRAL LIBRARY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9CENTRAL LIBRARY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10PARKS & RECREATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11PARKS & RECREATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12AIRPORT FUND
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt13GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt14DANCE TEXAS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt15PROJECT DREAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt16VIDEO SCREEN
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt17GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt18STATUE FOR MEMORIAL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt19MEALS FOR HOMEBOUND
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt20SENIOR WELLNESS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt21GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt22GOLDEN TICKET PROG.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt23CHILDREN'S ROOM PROJ
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt24GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt25LIGHTHOUSE REHAB
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt26COUNSELING SERVICES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ARLINGTON LIFE SHELTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1ARLINGTON URBAN MINISTRIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2ARLINGTON MUSEUM OF ART
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3ARLINGTON MUSEUM OF ART
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4BOYS & GIRLS CLUB
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5CATHOLIC CHARITIES OF FORT WORTH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6CANCER CARE SERVICES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7CITY OF ARLINGTON

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