Civic Intelligence

Arlington Tomorrow Foundation

990 • Fiscal year 2022 • EIN 26-0672468

Oct 01, 2021 to Sep 30, 2022 • Filed on Aug 07, 2023

PO Box 90231 MS 29-0100Arlington, TX 76004

(817) 459-6419

Siviq Scores

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

Liabilities / Assets

21st percentile

0.04x

Higher debt load relative to assets than 21% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Liabilities / Revenue

62nd percentile

0.54x

Higher debt load relative to revenue than 62% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Net Margin

6th percentile

-39%

Higher net margin than 6% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Top Officer Pay

18th percentile

$186,778

Higher top officer pay than 18% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Asset Growth

4th percentile

-21%

Faster asset growth than 4% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Revenue Growth

3rd percentile

-70%

Faster revenue growth than 3% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Assets

Down

$78,603,009

Down $21,480,573 (-21%) from 2021

Net Assets

Down

$75,146,650

Down $17,724,207 (-19%) from 2021

Liabilities

Down

$3,456,359

Down $3,756,366 (-52%) from 2021

Revenue

Down

$6,370,431

Down $14,707,021 (-70%) from 2021

Expenses

Down

$8,860,333

Down $1,356,574 (-13%) from 2021

Net Income

Down

-$2,489,902

Down $13,350,447 (-123%) from 2021

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

2022

Assets$78,603,009
Liabilities$3,456,359
Net Assets$75,146,650

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

2022

Revenue$6,370,431
Expenses$8,860,333
Net Income-$2,489,902
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Aug 7, 2023
Return Version
2021v4.0
Gross Receipts
$6,370,431
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$66,206,610$65,972,305▼ $234,305
Savings and Temporary Cash Investments$33,767,935$12,505,613▼ $21,262,322
Total Assets$100,083,582$78,603,009▼ $21,480,573
Other Assets Total$109,037$125,091▲ $16,054
Liabilities
Accounts Payable and Accrued Expenses$7,212,725$3,456,359▼ $3,756,366
Total Liabilities$7,212,725$3,456,359▼ $3,756,366
Net Assets / Fund Balance
Net Assets With Donor Restrictions$92,870,857$75,146,650▼ $17,724,207
Total Net Assets Fund Balance$92,870,857$75,146,650▼ $17,724,207
Total Liabilities and Net Assets / Fund Balance$100,083,582$78,603,009▼ $21,480,573

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$92,870,857$4,151,671▼ $13,015,545$34,312$75,146,650
2020$81,905,544$4,151,671▲ $17,030,549$51,378$92,870,857
2019$78,532,796$4,151,671▲ $5,425,579$25,049$81,905,544
2018$73,407,759$4,152,171▲ $1,627,875$35,220$78,532,796
2017$70,240,751$4,145,117▲ $5,675,122$35,677$73,407,759
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carolyn MentesanaExecutive DiFT$150,026$36,752$186,778
Carolyn MentesanaExecutive Director-$140,038$46,740$186,778

Board Members and Trustees

NameTitle
Jim RossPresident/di
Andrew PielDirector
Raul GonzalezDirector
Rebecca BoxallDirector
Ruby Faye WoolridgeDirector
Nikkie HunterDirector/sec
Dr Barbara Odom-wesleySecretarydir
Helen MoiseTreasurer/di
Victoria Farrar-myersVice Pres/di
Revenue and Support

Revenue Composition

Contributions and Grants
$4,151,671
Program Service Revenue
$0
Investment Income
$2,218,760
Other Revenue
$0
Change in Net Assets
$-2,489,902
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$8,310,303
Other Expenses$339,101
Salaries, Compensation, and Employee Benefits$210,929
Total Fundraising Expense$23,590
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$8,310,303--$8,310,303
Current Officers, Directors, Trustees, and Key Employees-$193,702-$193,702
Fees for Services Other$10,722$109,247-$119,969
Fees for Service Investment Mgmnt Fees-$93,465-$93,465
Fees for Services Legal-$54,288-$54,288
Advertising--$23,590$23,590
Fees for Services Accounting-$23,535-$23,535
Other Salaries and Wages-$14,458-$14,458
Occupancy-$9,129-$9,129
Office Expenses-$6,802-$6,802
Travel-$4,067-$4,067
Payroll Taxes-$2,379-$2,379
Insurance-$2,093-$2,093
Other Expenses-$1,639-$1,639
Information Technology-$524-$524
Pension Plan Contributions-$390-$390
Total Functional Expenses$8,321,025$515,718$23,590$8,860,333
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of ArlingtonArlington, TXGovParks Department$4,644,563
Alliance for ChildrenFort Worth, TX501c3Capital Campaign$1,250,000
Mhmr FoundationFort Worth, TX501c3Family Connects$525,000
Methodist Health System FoundationDallas, TX501c3Nursing Program$350,000
Green Oaks Education and SupportArlington, TX501c3Bldg Independent Fut$300,000
Arlington Life ShelterArlington, TX501c3The Road Home$200,000
Arlington Museum of ArtArlington, TX501c3Knights Exhibit$190,940
Dental Health ArlingtonArlington, TX501c3Dha Remodel$150,000
Arlington Museum of ArtArlington, TX501c3Legends of Disney$149,500
Communities Foundation of TexasDallas, TX501c3N TX Giving Day$115,000
Arlington Heritage Memorial GroundsArlington, TX501c3Phase Ii$90,000
Friends of the Levitt PavilionArlington, TX501c3Share the Stage$50,000
Mansfield Mission CenterMansfield, TX501c3Diabetes Management$50,000
Cancer Care ServicesFort Worth, TX501c3Journey of Hope$30,000
Safehaven of Tarrant CountyArlington, TX501c3Repainting Shelter$30,000
Meals on Wheels of Tarrant CountyFort Worth, TX501c3Nutrition Program$25,000
River Legacy FoundationArlington, TX501c3Here Be Dragons$22,500
Arlington Isd Education FoundationArlington, TX501c3Back to School$20,000
Bridges to LifeArlington, TX501c3Arlington Impact Pro$20,000
Destiny Empowerment EnterprisesArlington, TX501c3Career & Tech Educat$20,000
The Warm PlaceFort Worth, TX501c3Grief Support Projec$20,000
Methodist Justice MinistryFort Worth, TX501c3Legal Representation$15,000
The Jordan Elizabeth Harris FoundatFort Worth, TX501c3Suicide Prevention$12,800
City of Arlington Water UtilitiesArlington, TXGovLake Arlington Garde$10,000
Leadership ArlingtonArlington, TX501c3Operational Enhancem$10,000
Trinity Kids IncArlington, TX501c3Royal Kids Camp$10,000
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
Audit committee
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
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 29-0100, ARLINGTON, TX 76004

Signing Officer

Name
Carolyn Mentesana
Title
Executive Director
Phone
8174596264
Signed
2023-08-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Ross
Formed
2007
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
3
Volunteers
11

Preparer

Firm
Sommerville & Associates Pc
Address
3030 MATLOCK RD STE 201, ARLINGTON, TX 76015-2936
Preparer
Shannon Wood 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. Line 1a - all forms 1099 for payments to contractors are issued by the city of arlington.

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 cemetery 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 CEMETERY MAINTENANCE
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CAPITAL CAMPAIGN
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1PHASE II
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2BACK TO SCHOOL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3THE ROAD HOME
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4LEGENDS OF DISNEY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5KNIGHTS EXHIBIT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6ARLINGTON IMPACT PRO
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7JOURNEY OF HOPE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8LAKE ARLINGTON GARDE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9PARKS DEPARTMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10N TX GIVING DAY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11DHA REMODEL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12CAREER & TECH EDUCAT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt13SHARE THE STAGE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt14BLDG INDEPENDENT FUT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt15OPERATIONAL ENHANCEM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt16DIABETES MANAGEMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt17NUTRITION PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt18LEGAL REPRESENTATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt19NURSING PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt20FAMILY CONNECTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt21HERE BE DRAGONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt22REPAINTING SHELTER
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt23SUICIDE PREVENTION

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