Civic Intelligence

Yancy Life Transition Center

990 • Fiscal year 2016 • EIN 45-0471824

Jan 01, 2016 to Dec 31, 2016 • Filed on May 12, 2017

2600 South Loop West Ste 350Houston, TX 77054

(281) 815-4768

Siviq Scores

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

Liabilities / Assets

81st percentile

0.54x

Higher debt load relative to assets than 81% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

30th percentile

0.03x

Higher debt load relative to revenue than 30% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

55th percentile

3.6%

Higher net margin than 55% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

50th percentile

$64,365

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

99th percentile

439%

Faster asset growth than 99% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

88th percentile

48%

Faster revenue growth than 88% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$65,231

Up $53,130 (+439%) from 2015

Net Assets

Up

$30,231

Up $38,130 (+483%) from 2015

Liabilities

Up

$35,000

Up $15,000 (+75%) from 2015

Revenue

Up

$1,054,447

Up $342,632 (+48%) from 2015

Expenses

Up

$1,016,317

Up $256,971 (+34%) from 2015

Net Income

Up

$38,130

Up $85,661 (+180%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2010: $139,354Liabilities 2010: $1,000Net Assets 2010: $138,3542010Assets 2011: $204,471Liabilities 2011: $47,121Net Assets 2011: $157,3502011Assets 2012: $197,471Liabilities 2012: $47,121Net Assets 2012: $150,3502012Assets 2013: $0Liabilities 2013: $0Net Assets 2013: $02013Assets 2014: $1Liabilities 2014: $0Net Assets 2014: $02014Assets 2015: $12,101Liabilities 2015: $20,000Net Assets 2015: -$7,8992015Assets 2016: $65,231Liabilities 2016: $35,000Net Assets 2016: $30,2312016Assets 2017: $50,052Liabilities 2017: $93,000Net Assets 2017: -$42,9482017Assets 2018: $61,334Liabilities 2018: $0Net Assets 2018: $61,3342018Assets 2019: $21,819Liabilities 2019: $0Net Assets 2019: $21,8192019Assets 2020: $250,427Liabilities 2020: $460,000Net Assets 2020: -$209,5732020Assets 2021: $83,255Liabilities 2021: $160,264Net Assets 2021: -$77,0092021Assets 2022: $711,019Liabilities 2022: $75,198Net Assets 2022: $635,8212022Assets 2023: $1,114,308Liabilities 2023: $36,983Net Assets 2023: $1,077,3252023Assets 2024: $1,040,352Liabilities 2024: $0Net Assets 2024: $1,040,3522024

Highlighted filing

2016

Assets$65,231
Liabilities$35,000
Net Assets$30,231

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2010: $514,588Expenses 2010: $466,779Net Income 2010: $47,8092010Revenue 2011: $376,642Expenses 2011: $327,007Net Income 2011: $49,6352011Revenue 2012: $413,370Expenses 2012: $386,213Net Income 2012: $27,1572012Revenue 2013: $508,295Expenses 2013: $452,119Net Income 2013: $56,1762013Revenue 2014: $679,976Expenses 2014: $678,742Net Income 2014: $1,2342014Revenue 2015: $711,815Expenses 2015: $759,346Net Income 2015: -$47,5312015Revenue 2016: $1,054,447Expenses 2016: $1,016,317Net Income 2016: $38,1302016Revenue 2017: $792,869Expenses 2017: $865,949Net Income 2017: -$73,0802017Revenue 2018: $1,279,406Expenses 2018: $1,175,123Net Income 2018: $104,2832018Revenue 2019: $989,017Expenses 2019: $1,028,532Net Income 2019: -$39,5152019Revenue 2020: $783,325Expenses 2020: $1,014,717Net Income 2020: -$231,3922020Revenue 2021: $2,394,691Expenses 2021: $2,262,127Net Income 2021: $132,5642021Revenue 2022: $3,829,888Expenses 2022: $3,117,058Net Income 2022: $712,8302022Revenue 2023: $2,938,348Expenses 2023: $2,496,844Net Income 2023: $441,5042023Revenue 2024: $2,352,512Expenses 2024: $2,389,485Net Income 2024: -$36,9732024

Highlighted filing

2016

Revenue$1,054,447
Expenses$1,016,317
Net Income$38,130
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 12, 2017
Return Version
2016v3.0
Gross Receipts
$1,054,447
Mission and Program Overview

Mission

To encourage the development of life skills, creative arts, multi-media, academic excellence and promote higher education for all students yet placing emphasis on at risk youth

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$98$35,636▲ $35,538
Loans From Officers Directors-$35,000-
Cash and Non-Interest-Bearing Accounts$12,003$29,595▲ $17,592
Total Assets$12,101$65,231▲ $53,130
Liabilities
Unsecured Notes Loans Payable$20,000--
Total Liabilities$20,000$35,000▲ $15,000
Net Assets / Fund Balance
Unrestricted Net Assets$-7,899$30,231▲ $38,130
Total Net Assets Fund Balance$-7,899$30,231▲ $38,130
Total Liabilities and Net Assets / Fund Balance$12,101$65,231▲ $53,130
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sir Michael TiggsDirector of OperationsFT$64,365$64,365
Trevor TaylorExecutive DirectorFT$64,364$64,364
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,031,166
Investment Income
$0
Other Revenue
$23,281
Change in Net Assets
$38,130
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$873,134
Salaries, Compensation, and Employee Benefits$143,183
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$755,854--$755,854
Current Officers, Directors, Trustees, and Key Employees$129,518--$129,518
Office Expenses$46,417--$46,417
Fees for Services Accounting$19,451--$19,451
Occupancy$19,345--$19,345
Payroll Taxes$13,665--$13,665
Information Technology$10,042--$10,042
Travel$7,498--$7,498
Insurance$6,519--$6,519
Advertising$3,765--$3,765
Conferences and Meetings$3,743--$3,743
Interest$500--$500
Total Functional Expenses$1,016,317$0$0$1,016,317
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$35,000-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

Sir Michael Tiggs and Trevor Taylor are the two executives in this nonprofit organization, and are also partners in a for profit business, 1st Afterschool Providers, LLC.

Form 990 governing body review Part VI line 11

Board reviewed and approved the IRS Form 990 annual tax filing without unreadiness or any additional concerns.

Conflict of interest policy compliance Part VI line 12C

Any director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest is an interested person. All interested parties have a Duty to Disclose in connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement.

CEO executive director top management comp Part VI line 15A

The proposed salary is based on the median average for an Executive Director, Non-Profit Organization Salary listed at www.payscale.com with consideration of the Executive Directors experience in education, knowledge of the routines of the organization, skills necessary to perform the job and his 15 years relevant experience.

Other officer or key employee compensation Part VI line 15B

The proposed salary is based on the median average for a Director of Operations, Non-Profit Organization Salary listed at www.payscale.com with consideration of the Director of Operations experience in education, knowledge of the routines of the organization, skills necessary to perform the job, and his relevant experience.

Governing documents etc available to public Part VI line 19

Copies of the organizations public records documents shall be made available, upon written request via email to [email protected]. Requests are handled in a timely manner, and without charge to any individuals who request it.

Filing and Contact Details

Filer

Filer Name
Yancy Life Transition Center
EIN
45-0471824
Address
2600 SOUTH LOOP WEST STE 350, Houston, TX 77054

Signing Officer

Name
Sir Michael Tiggs
Title
Executive Direc
Phone
2818154768
Signed
2017-05-12
Discuss with paid preparer
No

Organization Details

Principal Officer
Trevor Taylor
Formed
2003
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
2
Employees
2
Volunteers
77

Preparer

Firm
Core Tax Solutions LLC
Address
9119 Hwy 6 Ste 230-234, Missouri City, TX 77459
Preparer
Dianne Omokaro
Phone
2819620070
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Outside Contract Services $730,855.83 for tutors.

Raw XML Appendix320 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Sir Michael Tiggs and Trevor Taylor are the two executives in this nonprofit organization, and are also partners in a for profit business, 1st Afterschool Providers, LLC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board reviewed and approved the IRS Form 990 annual tax filing without unreadiness or any additional concerns.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Any director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest is an interested person. All interested parties have a Duty to Disclose in connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The proposed salary is based on the median average for an Executive Director, Non-Profit Organization Salary listed at www.payscale.com with consideration of the Executive Directors experience in education, knowledge of the routines of the organization, skills necessary to perform the job and his 15 years relevant experience.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The proposed salary is based on the median average for a Director of Operations, Non-Profit Organization Salary listed at www.payscale.com with consideration of the Director of Operations experience in education, knowledge of the routines of the organization, skills necessary to perform the job, and his relevant experience.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Copies of the organizations public records documents shall be made available, upon written request via email to [email protected]. Requests are handled in a timely manner, and without charge to any individuals who request it.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Outside Contract Services $730,855.83 for tutors.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6List of other fees for services expenses Part IX line 11g
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IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01016317
IRS990/TotalFunctionalExpensesGrp/TotalAmt01016317
IRS990/TotalGrossUBIAmt023281
IRS990/TotalLiabilitiesBOYAmt020000
IRS990/TotalLiabilitiesEOYAmt035000
IRS990/TotalLiabilitiesGrp/BOYAmt020000
IRS990/TotalLiabilitiesGrp/EOYAmt035000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-7899
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt030231
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01016317
IRS990/TotalProgramServiceRevenueAmt01031166
IRS990/TotalReportableCompFromOrgAmt0128729
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01031166
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01054447
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt023281
IRS990/TotalVolunteersCnt077
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt012101
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt065231
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt07498
IRS990/TravelGrp/TotalAmt07498
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-7899
IRS990/UnrestrictedNetAssetsGrp/EOYAmt030231
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt020000
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0www.yltc.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0SIR MICHAEL TIGGS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIREC
ReturnHeader/BusinessOfficerGrp/PhoneNum02818154768
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0YANCY LIFE TRANSITION CENTER
ReturnHeader/Filer/BusinessNameControlTxt0YANC
ReturnHeader/Filer/EIN0450471824
ReturnHeader/Filer/USAddress/AddressLine1Txt02600 SOUTH LOOP WEST STE 350
ReturnHeader/Filer/USAddress/CityNm0Houston
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077054
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0E89A5DBB92E26AD8358DAE80095717F1EA5EC38B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E89A5DBB92E26AD8358DAE80095717F1EA5EC38B
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId07948662017227chxvf0s
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02017-08-15
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0206.54.196.13
ReturnHeader/FilingSecurityInformation/IPDt02017-08-15
ReturnHeader/FilingSecurityInformation/IPTm014:59:40
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461774838
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Core Tax Solutions LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09119 Hwy 6 Ste 230-234
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Missouri City
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077459
ReturnHeader/PreparerPersonGrp/PhoneNum02819620070
ReturnHeader/PreparerPersonGrp/PreparationDt02017-08-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Dianne Omokaro
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-08-15T14:49:56-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.00$1.04$2.35$2.39$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$0.04$1.08$2.94$2.50$0.44
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.08$0.64$3.83$3.12$0.71
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.16$0.08$2.39$2.26$0.13
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.46$0.21$0.78$1.01$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.02$0.00$0.02$0.99$1.03$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.06$0.00$0.06$1.28$1.18$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.09$0.04$0.79$0.87$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.07$0.04$0.03$1.05$1.02$0.04
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.01$0.02$0.01$0.71$0.76$0.05
2014Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.68$0.68$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.51$0.45$0.06
2012Summary only. Only limited summary data is available for this year.$0.20$0.05$0.15$0.41$0.39$0.03
2011Summary only. Only limited summary data is available for this year.$0.20$0.05$0.16$0.38$0.33$0.05
2010Summary only. Only limited summary data is available for this year.$0.14$0.00$0.14$0.51$0.47$0.05