Civic Intelligence

Tamco Foundation Inc.

990EZ • Fiscal year 2016 • EIN 26-1130612

Jan 01, 2016 to Dec 31, 2016 • Filed on May 18, 2017

2503 W Swann AvenueTampa, FL 33609

(813) 247-1108

Siviq Scores

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

Liabilities / Assets

99th percentile

8.49x

Higher debt load relative to assets than 99% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

95th percentile

0.97x

Higher debt load relative to revenue than 95% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

60th percentile

7.9%

Higher net margin than 60% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

9th percentile

-48%

Faster asset growth than 9% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

30th percentile

-13%

Faster revenue growth than 30% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$8,861

Down $8,340 (-48%) from 2015

Net Assets

Up

-$66,401

Up $6,150 (+8.5%) from 2015

Liabilities

Down

$75,262

Down $14,490 (-16%) from 2015

Revenue

Down

$77,416

Down $11,766 (-13%) from 2015

Expenses

Down

$71,266

Down $857 (-1.2%) from 2015

Net Income

Down

$6,150

Down $10,909 (-64%) from 2015

Historical Trend

Balance Sheet Trend

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

$200K$100K$0-$100K-$200KAssets 2010: $26,869Liabilities 2010: $160,392Net Assets 2010: -$133,5232010Assets 2011: $20,056Liabilities 2011: $136,744Net Assets 2011: -$116,6882011Assets 2013: $12,036Liabilities 2013: $104,278Net Assets 2013: -$92,2422013Assets 2014: $5,106Liabilities 2014: $94,716Net Assets 2014: -$89,6102014Assets 2015: $17,201Liabilities 2015: $89,752Net Assets 2015: -$72,5512015Assets 2016: $8,861Liabilities 2016: $75,262Net Assets 2016: -$66,4012016Assets 2017: $7,841Liabilities 2017: $75,262Net Assets 2017: -$67,4212017Assets 2019: $1,055Liabilities 2019: $69,351Net Assets 2019: -$68,2962019Assets 2020: $15,692Liabilities 2020: $59,351Net Assets 2020: -$43,6592020Assets 2021: $7,979Liabilities 2021: $51,638Net Assets 2021: -$43,6592021Assets 2022: $6,240Liabilities 2022: $50,005Net Assets 2022: -$43,7652022Assets 2024: $3,780Liabilities 2024: $37,523Net Assets 2024: -$33,7432024

Highlighted filing

2016

Assets$8,861
Liabilities$75,262
Net Assets-$66,401

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $301,1442010Expenses 2011: $214,0022011Revenue 2013: $65,841Expenses 2013: $57,327Net Income 2013: $8,5142013Revenue 2014: $68,475Expenses 2014: $65,843Net Income 2014: $2,6322014Revenue 2015: $89,182Expenses 2015: $72,123Net Income 2015: $17,0592015Revenue 2016: $77,416Expenses 2016: $71,266Net Income 2016: $6,1502016Revenue 2017: $71,067Expenses 2017: $72,087Net Income 2017: -$1,0202017Revenue 2019: $2,900Expenses 2019: $542Net Income 2019: $2,3582019Revenue 2020: $26,666Expenses 2020: $2,029Net Income 2020: $24,6372020Revenue 2021: $500Expenses 2021: $500Net Income 2021: $02021Revenue 2022: $38Expenses 2022: $144Net Income 2022: -$1062022Revenue 2024: $15,000Expenses 2024: $4,971Net Income 2024: $10,0292024

Highlighted filing

2016

Revenue$77,416
Expenses$71,266
Net Income$6,150
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 18, 2017
Return Version
2016v3.0
Gross Receipts
$118,410
Mission and Program Overview

Mission

Outreach and assistance in improving the welfare of wounded veterans of the community of tampa, florida

Program Services

DescriptionGrantsExpenses
EMBRACING FLORIDA'S WOUNDED HEROES. HELPING TO SUPPORT FLORIDA'S WOUNDED SOLDIERS AND THEIR FAMILIES WITH EMERGENCY FINANCIAL ASSISTANCE, FAMILY UNITY, AND CAREER DEVELOPMENT. ACTIVITES INCLUDE PROVIDING 40 BOATS FOR WOUNDED VETERANS AND THEIR CAREGIVERS TO HAVE THE OPPORTUNITY TO FISH FOR A DAY WITH A LICENSED CAPTAIN AND ENJOY THE FESTIVITIES.$62,581-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JACK A THOMPSONExecutive Director-$0--
JOSEPH PRIVITERASecretary-$0--
PAUL METZHEIZERPresident-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fishing Tournament$46,410$46,410-$46,410
Total Events$46,410$46,410$40,994$5,416
Filing and Contact Details

Filer

Filer Name
Tamco Foundation Inc
EIN
26-1130612
Phone
8132471108
Address
2503 W SWANN AVENUE, TAMPA, FL 33609

Signing Officer

Name
Jack a Thompson
Title
Executive Director
Signed
2017-05-18
Discuss with paid preparer
Yes

Preparer

Firm
Sayle Sandifer & Associates LLP
Address
2037 Hwy 82 E, Greenville, MS 38704-4700
Preparer
V L Sandifer Jr CPA
Phone
6623782222
Supplemental Narrative

Additional Explanations

Other Expenses.1008

Interest $2720

Other Expenses.1012

Insurance $275

Other Expenses.1

Fishing tournament cost $55016

Other Expenses.2

Veteran assistance $10565

Other Expenses.3

BANK CHARGES $190

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $25 Accounts Payable and Accrued Expenses - Ending $0

Total Liabilities.1006

Payable to Officers, Directors, Etc. - Beginning $14082 Payable to Officers, Directors, Etc. - Ending $10082

Total Liabilities.1008

Unsecured Notes and Loans Payable - Beginning $75645 Unsecured Notes and Loans Payable - Ending $65180

Raw XML Appendix164 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/PrimaryExemptPurposeTxt0OUTREACH AND ASSISTANCE IN IMPROVING THE WELFARE OF WOUNDED VETERANS OF THE COMMUNITY OF TAMPA, FLORIDA
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Interest $2720
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance $275
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FISHING TOURNAMENT COST $55016
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3VETERAN ASSISTANCE $10565
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BANK CHARGES $190
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Total Liabilities.1001
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0JACK A THOMPSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Dir.
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TAMCO FOUNDATION INC
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ReturnHeader/Filer/EIN0261130612
ReturnHeader/Filer/PhoneNum08132471108
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0387044700
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0V L SANDIFER JR CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-05-18T12:39:51-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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Filings