Civic Intelligence

Partners Foundation Inc.

990 • Fiscal year 2015 • EIN 27-2760884

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 18, 2016

166 Capitol AvenueHartford, CT 06106

(860) 987-6041

Siviq Scores

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

Liabilities / Assets

91st percentile

0.67x

Higher debt load relative to assets than 91% of similar nonprofits.

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

Liabilities / Revenue

95th percentile

1.00x

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

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

Net Margin

92nd percentile

49%

Higher net margin than 92% of similar nonprofits.

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

Top Officer Pay

99th percentile

$142,663

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 142.7% of source-year revenue.

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

Asset Growth

84th percentile

50%

Faster asset growth than 84% of similar nonprofits.

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

Revenue Growth

7th percentile

-60%

Faster revenue growth than 7% of similar nonprofits.

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

Assets

Up

$149,709

Up $49,650 (+50%) from 2014

Net Assets

Up

$49,709

Up $49,450 (+19093%) from 2014

Liabilities

Up

$100,000

Up $200 (+0.2%) from 2014

Revenue

Down

$100,000

Down $150,000 (-60%) from 2014

Expenses

Down

$50,550

Down $199,700 (-80%) from 2014

Net Income

Up

$49,450

Up $49,700 (+19880%) from 2014

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $2,266Liabilities 2011: $0Net Assets 2011: $2,2662011Assets 2012: $500Liabilities 2012: $0Net Assets 2012: $5002012Assets 2013: $509Liabilities 2013: $0Net Assets 2013: $5092013Assets 2014: $100,059Liabilities 2014: $99,800Net Assets 2014: $2592014Assets 2015: $149,709Liabilities 2015: $100,000Net Assets 2015: $49,7092015Assets 2016: $150,059Liabilities 2016: $49,974Net Assets 2016: $100,0852016Assets 2017: $100,000Liabilities 2017: $0Net Assets 2017: $100,0002017Assets 2018: $292Liabilities 2018: $0Net Assets 2018: $2922018Assets 2019: $292Liabilities 2019: $0Net Assets 2019: $2922019Assets 2020: $292Liabilities 2020: $0Net Assets 2020: $2922020Assets 2021: $292Liabilities 2021: $0Net Assets 2021: $2922021Assets 2022: $292Liabilities 2022: $0Net Assets 2022: $2922022Assets 2023: $292Liabilities 2023: $0Net Assets 2023: $2922023Assets 2024: $292Liabilities 2024: $0Net Assets 2024: $2922024Assets 2025: $292Liabilities 2025: $0Net Assets 2025: $2922025

Highlighted filing

2015

Assets$149,709
Liabilities$100,000
Net Assets$49,709

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $110,000Expenses 2011: $107,734Net Income 2011: $2,2662011Revenue 2012: $145,000Expenses 2012: $146,766Net Income 2012: -$1,7662012Revenue 2013: $150,000Expenses 2013: $149,991Net Income 2013: $92013Revenue 2014: $250,000Expenses 2014: $250,250Net Income 2014: -$2502014Revenue 2015: $100,000Expenses 2015: $50,550Net Income 2015: $49,4502015Revenue 2016: $250,000Expenses 2016: $149,650Net Income 2016: $100,3502016Revenue 2017: $150,000Expenses 2017: $150,085Net Income 2017: -$852017Revenue 2018: $100,000Expenses 2018: $199,708Net Income 2018: -$99,7082018Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024Revenue 2025: $0Expenses 2025: $0Net Income 2025: $02025

Highlighted filing

2015

Revenue$100,000
Expenses$50,550
Net Income$49,450
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 18, 2016
Return Version
2014v6.0
Gross Receipts
$100,000
Mission and Program Overview

Mission

The purpose of the organization is to engage in educational and cultural activities designed to encourage public appreciation of the arts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$100,059$149,709▲ $49,650
Rtn Earn Endowment Incm Other Fnds$259$49,709▲ $49,450
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$100,059$149,709▲ $49,650
Liabilities
Accounts Payable and Accrued Expenses$99,800$100,000▲ $200
Total Liabilities$99,800$100,000▲ $200
Net Assets / Fund Balance
Total Net Assets Fund Balance$259$49,709▲ $49,450
Total Liabilities and Net Assets / Fund Balance$100,059$149,709▲ $49,650
Compensation and Service Providers

Employees

NameTitleOtherTotal
Elizabeth RayChief Development Officer$142,663$142,663
Patricia JacksonAsst. Treasurer$127,718$127,718

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$100,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$100,000
Change in Net Assets
$49,450
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$50,550
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$50,000--$50,000
Fees for Services Accounting-$500-$500
Office Expenses$50--$50
Total Functional Expenses$50,050$500$0$50,550
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
Audit committee
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The bushnell is the sole member of partners foundation.

Form 990, Part VI, Section A, Line 7A

The bushnell is the sole member of partners foundation.

Form 990, Part VI, Section B, Line 11

Form 990 is reviewed by the board of directors and the chief financial officer before filing.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, policies and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Partners Foundation Inc
EIN
27-2760884
Phone
8609876041
Address
166 CAPITOL AVENUE, HARTFORD, CT 06106

Signing Officer

Name
Patricia Jackson
Title
CFO
Phone
8609876041
Signed
2016-01-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patricia Jackson
Formed
2011
Legal Domicile
Ct
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
350 CHURCH STREET 12TH FLOOR, HARTFORD, CT 06103
Preparer
Patricia Mcgowan
Phone
9592007000
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

There have been no changes to the organization's oversight or selection process during the tax year.

Financial Statement Notes

PART X, LINE 2:

The organization has no unrecognized tax benefits at june 30, 2015 and 2014. The organization's federal information returns prior to 2012 are closed and management continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. If the organization had unrelated business income taxes, it would recognize interest and penalties associated with any tax matters as part of the income tax provision and include accrued interest and penalties with the related tax liability in the statements of financial position.

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0145000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0110000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0755000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0755000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0100000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0250000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0150000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0145000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0110000
IRS990ScheduleA/Total509Grp/TotalAmt0755000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0100000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0250000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0150000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0145000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0110000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0755000
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2015 AND 2014. THE ORGANIZATION'S FEDERAL INFORMATION RETURNS PRIOR TO 2012 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF THE ORGANIZATION HAD UNRELATED BUSINESS INCOME TAXES, IT WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY TAX MATTERS AS PART OF THE INCOME TAX PROVISION AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE STATEMENTS OF FINANCIAL POSITION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BUSHNELL IS THE SOLE MEMBER OF PARTNERS FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BUSHNELL IS THE SOLE MEMBER OF PARTNERS FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS AND THE CHIEF FINANCIAL OFFICER BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE HAVE BEEN NO CHANGES TO THE ORGANIZATION'S OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE HORACE BUSHNELL MEMORIAL HALL CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1COMMUNITY DEVELOPMENT INITIATIVES FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0060662112
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1272760998
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1CT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PRESENT & PRODUCE THEATRICAL PROPERTIES, CULTURAL & EDUCATIONAL PROGRAMS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1IMPROVE AND ADVANCE THE VIABILITY OF THE CITY OF HARTFORD, CONNECTICUT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 9
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 9
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0166 CAPITOL AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1166 CAPITOL AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0HARTFORD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1HARTFORD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1CT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd006106
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd106106
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0100059
IRS990/TotalAssetsEOYAmt0149709
IRS990/TotalAssetsGrp/BOYAmt0100059
IRS990/TotalAssetsGrp/EOYAmt0149709
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0100000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0500
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt050050
IRS990/TotalFunctionalExpensesGrp/TotalAmt050550
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt099800
IRS990/TotalLiabilitiesEOYAmt0100000
IRS990/TotalLiabilitiesGrp/BOYAmt099800
IRS990/TotalLiabilitiesGrp/EOYAmt0100000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0259
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt049709
IRS990/TotalOtherCompensationAmt021658
IRS990/TotalProgramServiceExpensesAmt050050
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0100000
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0100059
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0149709
IRS990/TotReportableCompRltdOrgAmt0248723
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$1.00$2.00$1.00
2017Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$1.50$1.50$0.00
2016Detailed filing. Detailed filing data is available for this year.$1.50$0.50$1.00$2.50$1.50$1.00
2015Detailed filing. Detailed filing data is available for this year.$1.50$1.00$0.50$1.00$0.51$0.49
2014Detailed filing. Detailed filing data is available for this year.$1.00$1.00$0.00$2.50$2.50$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.00$0.01$1.50$1.50$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.00$0.01$1.45$1.47$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.00$0.02$1.10$1.08$0.02