Civic Intelligence

Yancy Life Transition Center

990 • Fiscal year 2015 • EIN 45-0471824

Jan 01, 2015 to Dec 31, 2015 • Filed on Jun 16, 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

97th percentile

1.65x

Higher debt load relative to assets than 97% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

45th percentile

0.03x

Higher debt load relative to revenue than 45% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

25th percentile

-6.7%

Higher net margin than 25% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

73rd percentile

$61,961

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 8.7% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

100th percentile

1210000%

Faster asset growth than 100% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

53rd percentile

4.7%

Faster revenue growth than 53% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$12,101

Up $12,100 (+1210000%) from 2014

Net Assets

Down

-$7,899

Down $7,899 from 2014

Liabilities

Up

$20,000

Up $20,000 from 2014

Revenue

Up

$711,815

Up $31,839 (+4.7%) from 2014

Expenses

Up

$759,346

Up $80,604 (+12%) from 2014

Net Income

Down

-$47,531

Down $48,765 (-3952%) from 2014

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

2015

Assets$12,101
Liabilities$20,000
Net Assets-$7,899

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

2015

Revenue$711,815
Expenses$759,346
Net Income-$47,531
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jun 16, 2017
Return Version
2015v3.0
Gross Receipts
$711,815
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
Cash and Non-Interest-Bearing Accounts$39,223$12,003▼ $27,220
Savings and Temporary Cash Investments$410$98▼ $312
Total Assets$39,633$12,101▼ $27,532
Liabilities
Unsecured Notes Loans Payable-$20,000-
Total Liabilities$0$20,000▲ $20,000
Net Assets / Fund Balance
Unrestricted Net Assets$39,633$-7,899▼ $47,532
Total Net Assets Fund Balance$39,633$-7,899▼ $47,532
Total Liabilities and Net Assets / Fund Balance$39,633$12,101▼ $27,532
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sir Michael TiggsDirector of OperationsFT$61,724$237$61,961
Trevor TaylorExecutive DirectorFT$60,819$486$61,305
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$691,343
Investment Income
$28
Other Revenue
$20,444
Change in Net Assets
$-47,531
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$615,059
Salaries, Compensation, and Employee Benefits$144,287
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$530,550--$530,550
Current Officers, Directors, Trustees, and Key Employees$123,267--$123,267
Office Expenses$23,529--$23,529
Payroll Taxes$21,020--$21,020
Occupancy$14,981--$14,981
Travel$12,910--$12,910
Fees for Services Accounting$11,686--$11,686
Advertising$10,810--$10,810
Information Technology$4,840--$4,840
Insurance$3,961--$3,961
Conferences and Meetings$1,539--$1,539
Other Expenses$253--$253
Total Functional Expenses$759,346$0$0$759,346
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Kena LashleyWife of executiveLoan to companyNo$20,000
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 family members
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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
2017-06-16
Discuss with paid preparer
No

Organization Details

Principal Officer
Trevor Taylor
Formed
2003
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
2
Volunteers
50

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

Explanation of other changes in net assets or fund balances Part XI line 9

The -$1.00 in other changes in net assets is to account for rounding.

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

Contract labor tutorial services - $511,517

Raw XML Appendix284 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/ExplanationTxt2The 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/ExplanationTxt3The 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/ExplanationTxt4Copies 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/ExplanationTxt5The -$1.00 in other changes in net assets is to account for rounding.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
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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/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/PreparationDt02017-06-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Dianne Omokaro
ReturnHeader/ReturnTs02017-06-16T10:18:02-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

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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
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.04$0.03$1.05$1.02$0.04
2015Detailed filing. Detailed filing data is available for this year.$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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • $500k-$1M nonprofits