Civic Intelligence

Tranquilidad Foundation

990 • Fiscal year 2022 • EIN 27-3401789

Jan 01, 2022 to Dec 31, 2022 • Filed on May 10, 2023

P O Box 5406Aiken, SC 29804

(803) 215-1799

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

31st percentile

0.00x

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

56th percentile

9.5%

Higher net margin than 56% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

51st percentile

2.2%

Faster asset growth than 51% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

47th percentile

5.0%

Faster revenue growth than 47% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$770,939

Up $16,492 (+2.2%) from 2021

Net Assets

Up

$770,939

Up $16,492 (+2.2%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$193,161

Up $9,168 (+5.0%) from 2021

Expenses

Up

$174,765

Up $6,227 (+3.7%) from 2021

Net Income

Up

$18,396

Up $2,941 (+19%) from 2021

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $43,484Net Assets 2011: $43,4842011Assets 2014: $302,164Liabilities 2014: $0Net Assets 2014: $302,1642014Assets 2015: $487,093Liabilities 2015: $0Net Assets 2015: $487,0932015Assets 2016: $583,017Liabilities 2016: $0Net Assets 2016: $583,0172016Assets 2017: $627,330Liabilities 2017: $0Net Assets 2017: $627,3302017Assets 2019: $766,807Liabilities 2019: $0Net Assets 2019: $766,8072019Assets 2020: $741,562Liabilities 2020: $1,780Net Assets 2020: $739,7822020Assets 2021: $754,447Liabilities 2021: $0Net Assets 2021: $754,4472021Assets 2022: $770,939Liabilities 2022: $0Net Assets 2022: $770,9392022Assets 2023: $751,672Liabilities 2023: $0Net Assets 2023: $751,6722023Assets 2024: $754,984Liabilities 2024: $65Net Assets 2024: $754,9192024

Highlighted filing

2022

Assets$770,939
Liabilities$0
Net Assets$770,939

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $44,948Expenses 2011: $1,464Net Income 2011: $43,4842011Revenue 2014: $81,476Expenses 2014: $22,485Net Income 2014: $58,9912014Revenue 2015: $239,354Expenses 2015: $54,425Net Income 2015: $184,9292015Revenue 2016: $212,554Expenses 2016: $116,630Net Income 2016: $95,9242016Revenue 2017: $166,419Expenses 2017: $122,640Net Income 2017: $43,7792017Revenue 2019: $239,160Expenses 2019: $188,693Net Income 2019: $50,4672019Revenue 2020: $166,748Expenses 2020: $182,885Net Income 2020: -$16,1372020Revenue 2021: $183,993Expenses 2021: $168,538Net Income 2021: $15,4552021Revenue 2022: $193,161Expenses 2022: $174,765Net Income 2022: $18,3962022Revenue 2023: $173,156Expenses 2023: $194,927Net Income 2023: -$21,7712023Revenue 2024: $217,756Expenses 2024: $216,654Net Income 2024: $1,1022024

Highlighted filing

2022

Revenue$193,161
Expenses$174,765
Net Income$18,396
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 10, 2023
Return Version
2022v5.0
Gross Receipts
$193,161
Mission and Program Overview

Mission

The Foundation's mission is to operate orphanage facilities for children and youth. The orphanage will offer a home, food, basic necessities, education and training. An additional facility is planned to provide childcare and administration of the program

The foundation's mission is to provide homes for orphaned, abandoned and/or neglected children placed under the care of the foundation by the government of honduras. These children will live with foster families in homes on site. The foundation will provide support to ensure all physical, emotional, social, spiritual and educational needs are met.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$632,729$609,858▼ $22,871
Savings and Temporary Cash Investments$56,646$89,700▲ $33,054
Cash and Non-Interest-Bearing Accounts$57,969$66,184▲ $8,215
Investments Other Securities$7,103$5,197▼ $1,906
Total Assets$754,447$770,939▲ $16,492
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$729,989$746,481▲ $16,492
Net Assets With Donor Restrictions$24,458$24,458→ $0
Total Net Assets Fund Balance$754,447$770,939▲ $16,492
Total Liabilities and Net Assets / Fund Balance$754,447$770,939▲ $16,492

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$356,192$53,711$409,903
Other Land Buildings$118,312$58,195$176,507
Land$127,050-$127,050
Equipment$8,304$13,563$21,867
Compensation and Service Providers

Board Members and Trustees

NameTitle
Roxanne TurnipseedPresident
Mary SnellingVice President
Chris RandallDirector
Daniel WoodDirector
Roy BassettDirector
Deirdre LabaschcuckSecretary
Jerald TaylorTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$193,008
Program Service Revenue
$0
Investment Income
$153
Other Revenue
$0
All Other Contributions
$193,008
Change in Net Assets
$18,396
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$174,765
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
Other Expenses$144,499--$144,499
Depreciation Depletion$25,217--$25,217
Fees for Services Accounting-$2,300-$2,300
Office Expenses-$1,630-$1,630
Fees for Services Legal-$1,119-$1,119
Total Functional Expenses$169,716$5,049$0$174,765
International Activity

International Summary

Offices
1
Employees
9
Spending
$169,716

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
HondurasProgram ServicesOrphanage and Homeschool19$169,716
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
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
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
Yes
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 form 990 is available for review by each board member of the foundation.

Form 990, Part VI, Section B, Line 12C

Enforcement of conflicts policy: there are conflict of interest policies within the foundation's bylaws. If the governing board has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigations as warranted by the circumstances, the governing board determines the member has failed to disclose a conflict of interest. It shall take appropriate disciplinary and corrective action.

Form 990, Part VI, Section C, Line 19

The governing documents and the annual form 990 are available for review by the general public through a request made to the board.

Filing and Contact Details

Filer

Filer Name
Tranquilidad Foundation
EIN
27-3401789
Phone
8032151799
Address
P O BOX 5406, AIKEN, SC 29804

Signing Officer

Name
Jerald Taylor
Title
Treasurer
Phone
8032151799
Signed
2023-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jerald Taylor
Formed
2011
Legal Domicile
Sc
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Serotta Maddocks Evans & Co Cpas
Address
125 PARK AVENUE SW SUITE 200, AIKEN, SC 29801
Preparer
Renee R Reid
Phone
8036486047
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

ROUNDING 2.

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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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IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt09
IRS990ScheduleF/SubtotalOfficesCnt01
IRS990ScheduleF/SubtotalSpentAmt0169716
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III ACCOUNTING METHOD:
IRS990ScheduleF/TotalEmployeeCnt09
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalSpentAmt0169716
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS AVAILABLE FOR REVIEW BY EACH BOARD MEMBER OF THE FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ENFORCEMENT OF CONFLICTS POLICY: THERE ARE CONFLICT OF INTEREST POLICIES WITHIN THE FOUNDATION'S BYLAWS. IF THE GOVERNING BOARD HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATIONS AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD DETERMINES THE MEMBER HAS FAILED TO DISCLOSE A CONFLICT OF INTEREST. IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS AND THE ANNUAL FORM 990 ARE AVAILABLE FOR REVIEW BY THE GENERAL PUBLIC THROUGH A REQUEST MADE TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ROUNDING 2.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0754447
IRS990/TotalAssetsEOYAmt0770939
IRS990/TotalAssetsGrp/BOYAmt0754447
IRS990/TotalAssetsGrp/EOYAmt0770939
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0193008
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05049
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0169716
IRS990/TotalFunctionalExpensesGrp/TotalAmt0174765
IRS990/TotalGrossUBIAmt0153
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0754447
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0770939
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0169716
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0193161
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0153
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0754447
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0770939
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0115 LAFORCE LANE
IRS990/USAddress/CityNm0LEESVILLE
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029070
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.TRANQUILIDADFD.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JERALD TAYLOR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08032151799
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRANQUILIDAD FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0TRAN
ReturnHeader/Filer/EIN0273401789
ReturnHeader/Filer/PhoneNum08032151799
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 5406
ReturnHeader/Filer/USAddress/CityNm0AIKEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029804
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0581107697
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SEROTTA MADDOCKS EVANS & CO CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0125 PARK AVENUE SW SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AIKEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029801
ReturnHeader/PreparerPersonGrp/PhoneNum08036486047
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RENEE R REID
ReturnHeader/ReturnTs02023-05-15T08:26:13-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JERALD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TAYLOR
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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