Civic Intelligence

Laz Parking Charitable Foundation Inc

990 • Fiscal year 2014 • EIN 36-4663472

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 10, 2015

15 Lewis StreetHartford, CT 06103

(860) 522-7641

Siviq Scores

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

Liabilities / Assets

94th percentile

1.00x

Higher debt load relative to assets than 94% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

95th percentile

0.90x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

41st percentile

0.0%

Higher net margin than 41% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

14th percentile

-33%

Faster asset growth than 14% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

15th percentile

-33%

Faster revenue growth than 15% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$168,864

Down $81,468 (-33%) from 2013

Net Assets

Flat

$0

Flat from 2013

Liabilities

Down

$168,864

Down $81,468 (-33%) from 2013

Revenue

Down

$187,328

Down $91,450 (-33%) from 2013

Expenses

Down

$187,328

Down $91,450 (-33%) from 2013

Net Income

Flat

$0

Flat from 2013

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0-$100KAssets 2011: $102,857Liabilities 2011: $0Net Assets 2011: $102,8572011Assets 2012: $125,554Liabilities 2012: $125,554Net Assets 2012: $02012Assets 2013: $250,332Liabilities 2013: $250,332Net Assets 2013: $02013Assets 2014: $168,864Liabilities 2014: $168,864Net Assets 2014: $02014Assets 2015: $251,067Liabilities 2015: $209,184Net Assets 2015: $41,8832015Assets 2016: $206,558Liabilities 2016: $205,654Net Assets 2016: $9042016Assets 2017: $144,191Liabilities 2017: $142,962Net Assets 2017: $1,2292017Assets 2018: $291,334Liabilities 2018: $296,139Net Assets 2018: -$4,8052018Assets 2019: $343,033Liabilities 2019: $320,086Net Assets 2019: $22,9472019Assets 2020: $214,663Liabilities 2020: $158,236Net Assets 2020: $56,4272020Assets 2022: $271,353Liabilities 2022: $5,940Net Assets 2022: $265,4132022

Highlighted filing

2014

Assets$168,864
Liabilities$168,864
Net Assets$0

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $51,7932011Expenses 2012: $134,3082012Revenue 2013: $278,778Expenses 2013: $278,778Net Income 2013: $02013Revenue 2014: $187,328Expenses 2014: $187,328Net Income 2014: $02014Revenue 2015: $373,917Expenses 2015: $332,034Net Income 2015: $41,8832015Revenue 2016: $197,816Expenses 2016: $238,795Net Income 2016: -$40,9792016Revenue 2017: $205,786Expenses 2017: $205,461Net Income 2017: $3252017Revenue 2018: $240,151Expenses 2018: $246,185Net Income 2018: -$6,0342018Revenue 2019: $275,845Expenses 2019: $248,093Net Income 2019: $27,7522019Revenue 2020: $1,076,551Expenses 2020: $1,043,071Net Income 2020: $33,4802020Revenue 2022: $386,899Expenses 2022: $290,180Net Income 2022: $96,7192022

Highlighted filing

2014

Revenue$187,328
Expenses$187,328
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 10, 2015
Return Version
2014v5.0
Gross Receipts
$282,753
Mission and Program Overview

Mission

To contribute time and financial resources to charitable organizations that make a positive difference in people's lives

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$195,137$147,216▼ $47,921
Accounts Receivable$55,195$21,648▼ $33,547
Total Assets$250,332$168,864▼ $81,468
Liabilities
Other Liabilities$235,970$168,864▼ $67,106
Accounts Payable and Accrued Expenses$14,362$0▼ $14,362
Total Liabilities$250,332$168,864▼ $81,468
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$250,332$168,864▼ $81,468
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael HarthPresident
Alan LazowskiVice President
Jeff KarpSecretary
Mike KuziakTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$187,328
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$156,312
Other Expenses$31,016
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$156,312--$156,312
Fees for Services Legal-$24,424-$24,424
Fees for Services Accounting-$3,500-$3,500
Other Expenses-$100-$100
Total Functional Expenses$156,312$31,016$0$187,328
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Special Olympics (various Chapters)-501(c)3To Support Special Olympics in States Where Solicitation Was Made.$116,312
Jordan Matthew Porco Memorial Foundation-501(c)3To Support the Foundation in Ct That Prevents Suicide in College$40,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$95,425
Fundraising Gross Income$95,425
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Connecticut Golf Outing$109,627$38,864$38,864$0
Boston Golf Outing$44,547$13,073$13,073$0
Total Events$249,306$95,425$95,425$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payable to Charitable Organizations$168,864
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Alan lazowski and michael kuziak, board members are also board members of the jordan porco foundation.

Form 990, Part VI, Section B, Line 11

A copy of the draft 990 was emailed to each board member for their review prior to filing.

Form 990, Part VI, Section C, Line 19

All documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Laz Parking Charitable Foundation Inc
EIN
36-4663472
Phone
8605227641
Address
15 LEWIS STREET, HARTFORD, CT 06103

Signing Officer

Name
Michael Kuziak
Title
Treasurer
Phone
8605227641
Signed
2015-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Kuziak
Formed
2010
Legal Domicile
Ct
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
100

Preparer

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

Additional Explanations

Form 990, Line 2C, Part XI

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

Financial Statement Notes

PART X, LINE 2:

The foundation has no unrecognized tax benefits at december 31, 2014. The foundation's federal information returns prior to calendar year 2011 are closed and management continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings.

Raw XML Appendix397 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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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION HAS NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2014. THE FOUNDATION'S FEDERAL INFORMATION RETURNS PRIOR TO CALENDAR YEAR 2011 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS.
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT SPECIAL OLYMPICS IN STATES WHERE SOLICITATION WAS MADE.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO SUPPORT THE FOUNDATION IN CT THAT PREVENTS SUICIDE IN COLLEGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SPECIAL OLYMPICS (VARIOUS CHAPTERS)
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1JORDAN MATTHEW PORCO MEMORIAL FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0275039555
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ALL GRANTS ARE AWARDED TO ORGANIZATIONS BASED ON FINANCIAL NEED. AT THE BEGINNING OF EACH FISCAL YEAR, THE BOARD OF DIRECTORS DETERMINES WHICH CHARITABLE ORGANIZATIONS WILL RECEIVE PAYMENTS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALAN LAZOWSKI AND MICHAEL KUZIAK, BOARD MEMBERS ARE ALSO BOARD MEMBERS OF THE JORDAN PORCO FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE DRAFT 990 WAS EMAILED TO EACH BOARD MEMBER FOR THEIR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE HAVE BEEN NO CHANGES MADE TO THE ORGANIZATION'S OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, LINE 2C, PART XI
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0261164708
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0CT
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0UNRELATED
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0PARKING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0LAZ KARP ASSOCIATES
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt015 LEWIS STREET
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0HARTFORD
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0CT
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd006103
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt033447
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt140000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0LAZ PARKING
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1LAZ PARKING
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CT
IRS990/StatesWhereCopyOfReturnIsFldCd1CA
IRS990/StatesWhereCopyOfReturnIsFldCd2GA
IRS990/StatesWhereCopyOfReturnIsFldCd3IL
IRS990/StatesWhereCopyOfReturnIsFldCd4NY
IRS990/StatesWhereCopyOfReturnIsFldCd5NJ
IRS990/StatesWhereCopyOfReturnIsFldCd6PA
IRS990/StatesWhereCopyOfReturnIsFldCd7MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0250332
IRS990/TotalAssetsEOYAmt0168864
IRS990/TotalAssetsGrp/BOYAmt0250332
IRS990/TotalAssetsGrp/EOYAmt0168864
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0187328
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt031016
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0156312
IRS990/TotalFunctionalExpensesGrp/TotalAmt0187328
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0250332
IRS990/TotalLiabilitiesEOYAmt0168864
IRS990/TotalLiabilitiesGrp/BOYAmt0250332
IRS990/TotalLiabilitiesGrp/EOYAmt0168864
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0156312
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0187328
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0250332
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0168864
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt015 LEWIS STREET
IRS990/USAddress/CityNm0HARTFORD
IRS990/USAddress/StateAbbreviationCd0CT
IRS990/USAddress/ZIPCd006103
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.LAZPARKINGCHARITABLEFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL KUZIAK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08605227641
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAZ PARKING CHARITABLE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0LAZP
ReturnHeader/Filer/EIN0364663472
ReturnHeader/Filer/PhoneNum08605227641
ReturnHeader/Filer/USAddress/AddressLine1Txt015 LEWIS STREET
ReturnHeader/Filer/USAddress/CityNm0HARTFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006103
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0221478099
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COHNREZNICK LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0350 CHURCH STREET 12TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HARTFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006103
ReturnHeader/PreparerPersonGrp/PhoneNum09592007000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL BALLASY
ReturnHeader/ReturnTs02015-11-12T15:03:40-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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