Civic Intelligence

Terrace Communities Foundation Inc.

990EZ • Fiscal year 2015 • EIN 26-4756463

Jul 01, 2014 to Jun 30, 2015 • Filed on Aug 19, 2015

Organization ProfileN/A
129 Lincoln AvenueManchester Center, VT 05255

(802) 362-4660

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2015

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2015

Net Margin

7th percentile

-61%

Higher net margin than 7% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

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.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

30th percentile

-9.1%

Faster asset growth than 30% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

93rd percentile

112%

Faster revenue growth than 93% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$63,005

Down $6,280 (-9.1%) from 2014

Net Assets

Down

$63,005

Down $6,280 (-9.1%) from 2014

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin7th percentile

Revenue

Up

$10,226

Up $5,399 (+112%) from 2014

Expenses

Up

$16,506

Up $14,511 (+727%) from 2014

Net Income

Down

-$6,280

Down $9,112 (-322%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

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

$80K$60K$40K$20K$0Assets 2011: $50,108Net Assets 2011: $50,1082011Assets 2012: $66,056Net Assets 2012: $66,0562012Assets 2013: $66,453Net Assets 2013: $66,4532013Assets 2014: $69,285Net Assets 2014: $69,2852014Assets 2015: $63,005Net Assets 2015: $63,0052015Assets 2016: $79,065Net Assets 2016: $79,0652016

Highlighted filing

2015

Assets$63,005
Liabilities-
Net Assets$63,005
Open 2015 Filing

Operations Trend

Revenue Growth93rd percentile

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

$30K$20K$10K$0-$10KRevenue 2011: $23,634Expenses 2011: $1,100Net Income 2011: $22,5342011Revenue 2012: $25,436Expenses 2012: $9,488Net Income 2012: $15,9482012Revenue 2013: $2,910Expenses 2013: $2,513Net Income 2013: $3972013Revenue 2014: $4,827Expenses 2014: $1,995Net Income 2014: $2,8322014Revenue 2015: $10,226Expenses 2015: $16,506Net Income 2015: -$6,2802015Revenue 2016: $26,305Expenses 2016: $10,245Net Income 2016: $16,0602016

Highlighted filing

2015

Revenue$10,226
Expenses$16,506
Net Income-$6,280
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Aug 19, 2015
Return Version
2014v5.0
Gross Receipts
$10,226
Mission and Program Overview

Mission

To provide financial aid to the elderly so they can remain in place longer in assisted living situations and to provide financial assistance to eldercare employees in furthering their education or who may be experiencing financial hardship.

Program Services

DescriptionGrantsExpenses
TO PROVIDE FINANCIAL AID TO THE ELDERLY SO THEY CAN REMAIN IN PLACE LONGER IN ASSISTED LIVING SITUATIONS AND TO PROVIDE FINANCIAL ASSISTANCE TO ELDERCARE EMPLOYEES IN FURTHERING THEIR EDUCATION OR WHO MAY BE EXPERIENCING FINANCIAL HARDSHIP.$15,695$15,695
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BEVERLY DONAHUEDirector-$0--
ROBERT MURANODirector-$0--
BRIAN COGSWELLDirector-$0--
Filing and Contact Details

Filer

Filer Name
Terrace Communities Foundation Inc
EIN
26-4756463
Phone
8023624660
Address
129 LINCOLN AVENUE, MANCHESTER CENTER, VT 05255

Signing Officer

Name
Beverly Donahue
Title
Director
Signed
2015-08-19
Discuss with paid preparer
Yes

Preparer

Firm
McCormack Guyette & Associates PC
Address
66 Grove Street, Rutland, VT 05701
Preparer
Andrew E Guyette CPA
Phone
8027753221
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.3

“| Donee's Name: MARGUERITE FLORIO | Donee's Address: TEQUESTA TERRACE, 400 NORTH US ONE TEQUESTA, FL 33469 | Cash Amount Given: $7449”

Other Expenses.1002

“Office Expenses $261”

Raw XML Appendix161 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/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0261
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE FINANCIAL AID TO THE ELDERLY SO THEY CAN REMAIN IN PLACE LONGER IN ASSISTED LIVING SITUATIONS AND TO PROVIDE FINANCIAL ASSISTANCE TO ELDERCARE EMPLOYEES IN FURTHERING THEIR EDUCATION OR WHO MAY BE EXPERIENCING FINANCIAL HARDSHIP.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE FINANCIAL AID TO THE ELDERLY SO THEY CAN REMAIN IN PLACE LONGER IN ASSISTED LIVING SITUATIONS AND TO PROVIDE FINANCIAL ASSISTANCE TO ELDERCARE EMPLOYEES IN FURTHERING THEIR EDUCATION OR WHO MAY BE EXPERIENCING FINANCIAL HARDSHIP.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt015695
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt015695
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt016506
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IRS990EZ/TotalRevenueAmt010226
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt010100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt04675
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02722
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt025236
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt023402
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt066135
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0126
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0152
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0188
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0200
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0232
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0898
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0126
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0152
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0188
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0200
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0898
IRS990ScheduleA/InvestmentIncomeCYPct00.01340
IRS990ScheduleA/InvestmentIncomePYPct00.00830
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98660
IRS990ScheduleA/PublicSupportPY509Pct00.99170
IRS990ScheduleA/PublicSupportTotal509Amt066135
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt023634
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt067033
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: MARGUERITE FLORIO | Donee's Address: TEQUESTA TERRACE, 400 NORTH US ONE TEQUESTA, FL 33469 | Cash Amount Given: $7449
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $261
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BEVERLY DONAHUE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TERRACE COMMUNITIES FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0TERR
ReturnHeader/Filer/EIN0264756463
ReturnHeader/Filer/PhoneNum08023624660
ReturnHeader/Filer/USAddress/AddressLine1Txt0129 LINCOLN AVENUE
ReturnHeader/Filer/USAddress/CityNm0MANCHESTER CENTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VT
ReturnHeader/Filer/USAddress/ZIPCd005255
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0McCormack Guyette & Associates PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt066 Grove Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Rutland
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd005701
ReturnHeader/PreparerPersonGrp/PhoneNum08027753221
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Andrew E Guyette CPA
ReturnHeader/ReturnTs02015-08-24T05:42:50-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$63,005
Liabilities
-
Net assets
$63,005
Revenue
$10,226
Expenses
$16,506
Net income
-$6,280
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$79.1$79.1$26.3$10.2$16.1
2015Detailed filing. Detailed filing data is available for this year.$63.0$63.0$10.2$16.5$6.28
2014Detailed filing. Detailed filing data is available for this year.$69.3$69.3$4.83$2.00$2.83
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$66.5$66.5$2.91$2.51$0.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$66.1$66.1$25.4$9.49$15.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$50.1$50.1$23.6$1.10$22.5