Civic Intelligence

Time Out Foundation Inc.

990EZ • Fiscal year 2014 • EIN 26-1106632

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 15, 2015

Organization ProfileN/A
PO Box 1683Lakeville, CT 06039

(860) 435-6424

Siviq Scores

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

Liabilities / Assets

69th percentile

0.04x

Higher debt load relative to assets than 69% of similar nonprofits.

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

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

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

Net Margin

56th percentile

6.0%

Higher net margin than 56% of similar nonprofits.

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

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

66th percentile

14%

Faster asset growth than 66% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

71st percentile

19%

Faster revenue growth than 71% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$47,128

Up $5,657 (+14%) from 2013

Net Assets

Up

$45,328

Up $5,657 (+14%) from 2013

Liabilities

Flat

$1,800

Flat from 2013

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin56th percentile

Revenue

Up

$94,727

Up $15,432 (+19%) from 2013

Expenses

Up

$89,070

Up $6,598 (+8.0%) from 2013

Net Income

Up

$5,657

Up $8,834 (+278%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

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

$80K$60K$40K$20K$0Assets 2010: $44,481Liabilities 2010: $3,760Net Assets 2010: $40,7212010Assets 2012: $44,838Liabilities 2012: $1,990Net Assets 2012: $42,8482012Assets 2013: $41,471Liabilities 2013: $1,800Net Assets 2013: $39,6712013Assets 2014: $47,128Liabilities 2014: $1,800Net Assets 2014: $45,3282014Assets 2015: $53,128Net Assets 2015: $53,1282015Assets 2016: $43,192Net Assets 2016: $43,1922016Assets 2019: $73,035Net Assets 2019: $73,0352019Assets 2020: $73,035Net Assets 2020: $73,0352020Assets 2021: $72,580Net Assets 2021: $72,5802021Assets 2022: $76,486Net Assets 2022: $76,4862022Assets 2023: $74,226Net Assets 2023: $74,2262023Assets 2024: $74,433Net Assets 2024: $74,4332024

Highlighted filing

2014

Assets$47,128
Liabilities$1,800
Net Assets$45,328
Open 2014 Filing

Operations Trend

Revenue Growth71st percentile

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

$150K$100K$50K$0-$50KRevenue 2010: $119,157Expenses 2010: $84,608Net Income 2010: $34,5492010Revenue 2012: $100,020Expenses 2012: $101,091Net Income 2012: -$1,0712012Revenue 2013: $79,295Expenses 2013: $82,472Net Income 2013: -$3,1772013Revenue 2014: $94,727Expenses 2014: $89,070Net Income 2014: $5,6572014Revenue 2015: $83,457Expenses 2015: $76,138Net Income 2015: $7,3192015Revenue 2016: $65,240Expenses 2016: $74,045Net Income 2016: -$8,8052016Revenue 2019: $60,306Expenses 2019: $67,176Net Income 2019: -$6,8702019Revenue 2020: $31,342Expenses 2020: $31,342Net Income 2020: $02020Revenue 2021: $68,238Expenses 2021: $68,693Net Income 2021: -$4552021Revenue 2022: $69,658Expenses 2022: $65,752Net Income 2022: $3,9062022Revenue 2023: $120,604Expenses 2023: $122,864Net Income 2023: -$2,2602023Revenue 2024: $146,074Expenses 2024: $145,867Net Income 2024: $2072024

Highlighted filing

2014

Revenue$94,727
Expenses$89,070
Net Income$5,657
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 15, 2015
Return Version
2014v5.0
Gross Receipts
$94,727
Mission and Program Overview

Mission

Therapeutic activities for at risk youth

Program Services

DescriptionGrantsExpenses
VARIOUS THERAPEUTIC COUNSELING, THERAPY AND TREATMENT PROGRAMS; SEE SCHEDULE O-$80,351
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CORRINE KALSERPresident-$0--
GINA OLSENDirector-$0--
ALEXANDRA OLSENDirector-$0--
BOB FRIEDMANDirector-$0--
EDWARD THORNEYDirectorPT$0--
GLYNNIS SIMONTher. RidingPT$0--
DAVID MACARTHURDirectorFT$0--
KATHY WIGGINSVol Office MPT$0--
SHANON HALLVol MentorPT$0--
PETER IVESVol Horse Tr-$0--
Filing and Contact Details

Filer

Filer Name
Time Out Foundation Inc
EIN
26-1106632
Phone
8604356424
Address
PO BOX 1683, LAKEVILLE, CT 06039

Signing Officer

Name
Corrine Kalser
Title
President
Phone
8604356424
Signed
2015-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Diversified Financial Solutions Pc
Address
100 MAIN ST N SUITE 204, SOUTHBURY, CT 06488-3842
Preparer
Pearse Hussey
Phone
2032643131
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses insurance 2,120 horse feed 17,447 horse upkeep 1,764 property taxes 15 licensing registration 220 office supplies 138 office expense 10 vehicles 173 miscellaneous 1,271 credit card fees 2,787 bank charges 136 postage & delivery 9 total 26,090”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 1,800 1,800”

Raw XML Appendix170 raw XML fields

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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7KATHY WIGGINS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt026090
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IRS990EZ/TotalRevenueAmt094727
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INSURANCE 2,120 HORSE FEED 17,447 HORSE UPKEEP 1,764 PROPERTY TAXES 15 LICENSING REGISTRATION 220 OFFICE SUPPLIES 138 OFFICE EXPENSE 10 VEHICLES 173 MISCELLANEOUS 1,271 CREDIT CARD FEES 2,787 BANK CHARGES 136 POSTAGE & DELIVERY 9 TOTAL 26,090
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,800 1,800
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CORRINE KALSER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08604356424
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TIME OUT FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0TIME
ReturnHeader/Filer/EIN0261106632
ReturnHeader/Filer/PhoneNum08604356424
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1683
ReturnHeader/Filer/USAddress/CityNm0LAKEVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006039
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061122665
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DIVERSIFIED FINANCIAL SOLUTIONS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 MAIN ST N SUITE 204
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SOUTHBURY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0064883842
ReturnHeader/PreparerPersonGrp/PhoneNum02032643131
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PEARSE HUSSEY
ReturnHeader/ReturnTs02015-11-16T11:32:52-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$47,128
Liabilities
$1,800
Net assets
$45,328
Revenue
$94,727
Expenses
$89,070
Net income
$5,657
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.74$0.74$1.46$1.46$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.74$0.74$1.21$1.23$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.76$0.76$0.70$0.66$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.73$0.73$0.68$0.69$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.73$0.73$0.31$0.31$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.73$0.73$0.60$0.67$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.43$0.43$0.65$0.74$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.53$0.53$0.83$0.76$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.47$0.02$0.45$0.95$0.89$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.41$0.02$0.40$0.79$0.82$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.02$0.43$1.00$1.01$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.04$0.41$1.19$0.85$0.35