Civic Intelligence

The Wtfc Organization Inc

EIN 26-2042002 • 501(c)3 • Long Beach, NY

Profile

The corporation is organized for charitable purposes.

414 Oceanfront StreetLong Beach, NY 11561

thewtfc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

12th percentile

-69%

Higher net margin than 12% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

24th percentile

-32%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

11th percentile

-71%

Faster revenue growth than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$5,946

Down $2,811 (-32%) from 2017

Liabilities

Flat

$0

Flat from 2017

Net Assets

Down

$5,946

Down $2,811 (-32%) from 2017

Operations
Liabilities / Revenue61st percentileNet Margin12th percentile

Revenue

Down

$4,099

Down $9,870 (-71%) from 2017

Expenses

Down

$6,910

Down $4,403 (-39%) from 2017

Net Income

Down

-$2,811

Down $5,467 (-206%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth24th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10K$5.0K$0Assets 2015: $5,253Liabilities 2015: $0Net Assets 2015: $5,2532015Assets 2016: $6,101Liabilities 2016: $0Net Assets 2016: $6,1012016Assets 2017: $8,757Liabilities 2017: $0Net Assets 2017: $8,7572017Assets 2018: $5,946Liabilities 2018: $0Net Assets 2018: $5,9462018

Highlighted filing

2018

Assets$5,946
Liabilities$0
Net Assets$5,946
Open 2018 Filing

Operations Trend

Revenue Growth11th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0-$20KRevenue 2015: $39,961Expenses 2015: $43,070Net Income 2015: -$3,1092015Revenue 2016: $48,567Expenses 2016: $47,719Net Income 2016: $8482016Revenue 2017: $13,969Expenses 2017: $11,313Net Income 2017: $2,6562017Revenue 2018: $4,099Expenses 2018: $6,910Net Income 2018: -$2,8112018

Highlighted filing

2018

Revenue$4,099
Expenses$6,910
Net Income-$2,811
Open 2018 Filing

Filings

Most recent year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,946
Liabilities
$0
Net assets
$5,946
Revenue
$4,099
Expenses
$6,910
Net income
-$2,811
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$5.95$0.00$5.95$4.10$6.91$2.81
2017Detailed filing. Detailed filing data is available for this year.$8.76$0.00$8.76$14.0$11.3$2.66
2016Detailed filing. Detailed filing data is available for this year.$6.10$0.00$6.10$48.6$47.7$0.85
2015Detailed filing. Detailed filing data is available for this year.$5.25$0.00$5.25$40.0$43.1$3.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 2, 2019
Return Version
2018v3.1
Gross Receipts
$4,099
Mission and Program Overview

Mission

The corporation is organized for charitable purposes.

Organization donates to various organizations to help find a cure for breast cancer.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$8,757$5,946▼ $2,811
Rtn Earn Endowment Incm Other Fnds$8,757$5,946▼ $2,811
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$8,757$5,946▼ $2,811
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,757$5,946▼ $2,811
Total Liabilities and Net Assets / Fund Balance$8,757$5,946▼ $2,811
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Shari GoldsmithOfficer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,099
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$4,099
Change in Net Assets
$-2,811
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$5,000
Other Expenses$1,910
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$5,000--$5,000
Other Expenses-$325-$325
Office Expenses-$10-$10
Total Functional Expenses$5,000$1,910$0$6,910
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Memorial Sloan Kettering Cancer CenterBaltimore, MD-To Help Find a Cure for Breast Cancer$5,000
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 11B

“The organization board reviews the 990 prior to filing by checking that the form was completely and accurately prepared for filing.”

Form 990, Part VI, Section C, Line 19

“All governing documents, conflict of interest policies and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
The Wtfc Organization Inc
EIN
26-2042002
Phone
5166925930
Address
414 OCEANFRONT STREET, LONG BEACH, NY 11561

Signing Officer

Name
Shari Goldsmith
Title
Officer
Phone
5166925130
Signed
2019-07-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shari Goldsmith
Formed
2008
Legal Domicile
Ny
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Charles Boudin & Company Llp
Address
400 CROSSWAYS PARK DRIVE, WOODBURY, NY 11797
Preparer
Denise Jablonowski
Phone
5167190111
Raw XML Appendix273 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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