Civic Intelligence

Chalfonte Foundation

990 • Fiscal year 2021 • EIN 38-3568149

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 15, 2022

487 West Alexandrine StreetDetroit, MI 48201

(313) 831-3139

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.00x

Higher debt load relative to assets than 32% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

37th percentile

0.01x

Higher debt load relative to revenue than 37% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

70th percentile

27%

Higher net margin than 70% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

89th percentile

79%

Faster asset growth than 89% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

90th percentile

140%

Faster revenue growth than 90% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$880,380

Up $389,728 (+79%) from 2020

Net Assets

$879,564

No earlier filing loaded for comparison.

Liabilities

Up

$816

Up $459 (+129%) from 2020

Revenue

Up

$139,270

Up $81,300 (+140%) from 2020

Expenses

Up

$101,916

Up $48,564 (+91%) from 2020

Net Income

Up

$37,354

Up $32,736 (+709%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $340,698Liabilities 2011: $02011Assets 2012: $408,770Liabilities 2012: $228Net Assets 2012: $408,5422012Assets 2013: $460,147Liabilities 2013: $0Net Assets 2013: $460,1472013Assets 2014: $473,582Liabilities 2014: $107Net Assets 2014: $473,4752014Assets 2015: $459,044Liabilities 2015: $55Net Assets 2015: $458,9892015Assets 2016: $478,694Liabilities 2016: $8,2792016Assets 2017: $466,950Liabilities 2017: $1,142Net Assets 2017: $465,8082017Assets 2018: $485,139Liabilities 2018: $1,488Net Assets 2018: $483,6512018Assets 2019: $486,883Liabilities 2019: $1,206Net Assets 2019: $485,6772019Assets 2020: $490,652Liabilities 2020: $3572020Assets 2021: $880,380Liabilities 2021: $816Net Assets 2021: $879,5642021Assets 2022: $983,642Liabilities 2022: $393Net Assets 2022: $983,2492022Assets 2023: $1,200,677Liabilities 2023: $293,206Net Assets 2023: $907,4712023Assets 2024: $1,232,958Liabilities 2024: $320,389Net Assets 2024: $912,5692024

Highlighted filing

2021

Assets$880,380
Liabilities$816
Net Assets$879,564

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $45,796Expenses 2011: $37,759Net Income 2011: $8,0372011Revenue 2012: $72,808Expenses 2012: $50,913Net Income 2012: $21,8952012Revenue 2013: $80,353Expenses 2013: $40,459Net Income 2013: $39,8942013Revenue 2014: $88,929Expenses 2014: $32,575Net Income 2014: $56,3542014Revenue 2015: $67,671Expenses 2015: $69,189Net Income 2015: -$1,5182015Revenue 2016: $56,089Expenses 2016: $44,673Net Income 2016: $11,4162016Revenue 2017: $70,971Expenses 2017: $29,753Net Income 2017: $41,2182017Revenue 2018: $63,576Expenses 2018: $32,197Net Income 2018: $31,3792018Revenue 2019: $63,767Expenses 2019: $60,674Net Income 2019: $3,0932019Revenue 2020: $57,970Expenses 2020: $53,352Net Income 2020: $4,6182020Revenue 2021: $139,270Expenses 2021: $101,916Net Income 2021: $37,3542021Revenue 2022: $194,895Expenses 2022: $82,481Net Income 2022: $112,4142022Revenue 2023: $375,723Expenses 2023: $300,131Net Income 2023: $75,5922023Revenue 2024: $254,444Expenses 2024: $226,842Net Income 2024: $27,6022024

Highlighted filing

2021

Revenue$139,270
Expenses$101,916
Net Income$37,354
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 15, 2022
Return Version
2021v4.0
Gross Receipts
$139,270
Mission and Program Overview

Mission

The mission of the Chalfonte Foundation is to provide spiritual, psycho-social, recreational, financial and educational support for children, youth and other individuals and families in need.

The mission of the Chalfonte Foundation is to provide spiritual, psycho-social, recreational, financial and educational support for children, youth, families and their communities in need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$387,654$430,799▲ $43,145
Pledges and Grants Receivable$2,400$282,400▲ $280,000
Land, Buildings, and Equipment, Net$188,000$155,789▼ $32,211
Accounts Receivable$0$4,655▲ $4,655
Investments in Publicly Traded Securities$1,945$2,703▲ $758
Cash and Non-Interest-Bearing Accounts$738$1,734▲ $996
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$580,737$880,380▲ $299,643
Other Assets Total$0$2,300▲ $2,300
Liabilities
Accounts Payable and Accrued Expenses$356$816▲ $460
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$356$816▲ $460
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$577,981$557,497▼ $20,484
Net Assets With Donor Restrictions$2,400$322,067▲ $319,667
Total Net Assets Fund Balance$580,381$879,564▲ $299,183
Total Liabilities and Net Assets / Fund Balance$580,737$880,380▲ $299,643

Asset Categories

AssetBook ValueDepreciationBasis
Land$120,000-$120,000
Buildings$33,250$1,750$35,000
Equipment$2,059$343$2,402
Leasehold Improvements$480$120$600
Other Land Buildings$0$0$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tom PetzoldChair
Aaron TimlinCEO/President
Adona SmithVice President
Kaylee RossVice President
Tim CampbellVice President
Derrica HamiltonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$99,400
Program Service Revenue
$27,111
Investment Income
$12,759
Other Revenue
$0
All Other Contributions
$99,400
Change in Net Assets
$37,354

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Cars and Other Vehicles1$1,500Blue Book
Total Noncash Contributions1$1,500-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$100,996
Total Fundraising Expense$6,033
Grants and Similar Amounts Paid$700
Professional Fundraising Fees$220
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$49,471$2,519$0$51,990
Fees for Services Other$29,874$575$0$30,449
Information Technology$164$1,015$5,600$6,779
Office Expenses$201$2,351$133$2,685
Depreciation Depletion$2,213$0$0$2,213
Advertising$700$0$80$780
Grants to Domestic Individuals$700--$700
Insurance$0$543$0$543
Travel$132$151$0$283
Conferences and Meetings$210$51$0$261
Fees for Services Professional Fundraising--$220$220
Other Expenses$0$140$0$140
Total Functional Expenses$88,267$7,616$6,033$101,916
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$220
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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

Once completed the board will receive a copy of the return in PDF format via email. Once received and reviewed each board member will have an opportunity to respond with questions or concerns. Once all questions and concerns have been addressed, the form will be submitted to the IRS.

Form 990, Part VI, Section C, Line 19

The Chalfonte Foundation made its governing documents, conflict of interest policy, and financial statements available to the public by sharing them online through our Google Workspace site and also emailed in PDF format when requested.

Filing and Contact Details

Filer

Filer Name
Chalfonte Foundation
EIN
38-3568149
Phone
3138313139
Address
487 West Alexandrine Street, Detroit, MI 48201

Signing Officer

Name
Aaron Timlin
Title
CEO/President
Phone
3134444577
Signed
2022-03-15

Organization Details

Principal Officer
Aaron Timlin
Formed
2000
Legal Domicile
Mi
Voting Board Members
6
Independent Board Members
3
Employees
0
Volunteers
5
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

Added cultural arts programming such as exhibitions, presentations, and performances

Form 990, Part IX, Line 11G

Temporary help and program related contracts

Form 990, Part XI, Line 9

building and equipment depreciation

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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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IRS990/Form990PartVIISectionAGrp/PersonNm3Tim Campbell
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IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01945
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02703
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02213
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0188000
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0155789
IRS990/LandBldgEquipCostOrOtherBssAmt0158002
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The mission of the Chalfonte Foundation is to provide spiritual, psycho-social, recreational, financial and educational support for children, youth, families, and their communities in need.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0580381
IRS990/NetAssetsOrFundBalancesEOYAmt0879564
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt014874
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0577981
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0557497
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt050966
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt02519
IRS990/OccupancyGrp/ProgramServicesAmt049471
IRS990/OccupancyGrp/TotalAmt051990
IRS990/OfficeExpensesGrp/FundraisingAmt0133
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02351
IRS990/OfficeExpensesGrp/ProgramServicesAmt0201
IRS990/OfficeExpensesGrp/TotalAmt02685
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt02300
IRS990/OtherChangesInNetAssetsAmt0-2213
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Supplies
IRS990/OtherExpensesGrp/Desc1Membership dues - organization
IRS990/OtherExpensesGrp/Desc2Staff development
IRS990/OtherExpensesGrp/Desc3Organizational (corp) expenses
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt020
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1179
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt272
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3140
IRS990/OtherExpensesGrp/ProgramServicesAmt04602
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt04622
IRS990/OtherExpensesGrp/TotalAmt1179
IRS990/OtherExpensesGrp/TotalAmt272
IRS990/OtherExpensesGrp/TotalAmt3140
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02400
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0282400
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Aaron Timlin
IRS990/PriorPeriodAdjustmentsAmt0-33232
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0Arts and Culture
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt027111
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt027111
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgSrvcAccomActy2Grp/Desc0Plan, produce, and present cultural arts programming for children, youth, families and community members.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt067169
IRS990/ProgSrvcAccomActy2Grp/GrantAmt035333
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt027111
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYExcessBenefitTransInd00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalRevenueAmt00
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.32$0.91$0.25$0.23$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.29$0.91$0.38$0.30$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$0.00$0.98$0.19$0.08$0.11
2021Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$0.14$0.10$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.00$0.06$0.05$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.00$0.49$0.06$0.06$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.48$0.06$0.03$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.00$0.47$0.07$0.03$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$0.01$0.06$0.04$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.00$0.46$0.07$0.07$0.00
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.00$0.47$0.09$0.03$0.06
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.46$0.00$0.46$0.08$0.04$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.00$0.41$0.07$0.05$0.02
2011Summary only. Only limited summary data is available for this year.$0.34$0.00$0.05$0.04$0.01