Civic Intelligence

Yancy Life Transition Center

990 • Fiscal year 2018 • EIN 45-0471824

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 01, 2019

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

14th percentile

0.00x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

14th percentile

0.00x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

63rd percentile

8.2%

Higher net margin than 63% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

83rd percentile

23%

Faster asset growth than 83% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

90th percentile

61%

Faster revenue growth than 90% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$61,334

Up $11,282 (+23%) from 2017

Net Assets

Up

$61,334

Up $104,282 (+243%) from 2017

Liabilities

Down

$0

Down $93,000 (-100%) from 2017

Revenue

Up

$1,279,406

Up $486,537 (+61%) from 2017

Expenses

Up

$1,175,123

Up $309,174 (+36%) from 2017

Net Income

Up

$104,283

Up $177,363 (+243%) from 2017

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

2018

Assets$61,334
Liabilities$0
Net Assets$61,334

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

2018

Revenue$1,279,406
Expenses$1,175,123
Net Income$104,283
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 1, 2019
Return Version
2018v3.1
Gross Receipts
$1,279,406
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$49,014$61,334▲ $12,320
Savings and Temporary Cash Investments$1,037--
Total Assets$50,051$61,334▲ $11,283
Liabilities
Unsecured Notes Loans Payable$93,000--
Total Liabilities$93,000$0▼ $93,000
Net Assets / Fund Balance
Unrestricted Net Assets$-42,949$61,334▲ $104,283
Total Net Assets Fund Balance$-42,949$61,334▲ $104,283
Total Liabilities and Net Assets / Fund Balance$50,051$61,334▲ $11,283
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sir Michael TiggsDirector of Operations
Trevor TaylorExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,279,406
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$104,283
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,141,541
Salaries, Compensation, and Employee Benefits$33,582
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,047,522--$1,047,522
Payroll Taxes$33,582--$33,582
Advertising$24,421--$24,421
Office Expenses$17,113--$17,113
Occupancy$14,042--$14,042
Information Technology$10,691--$10,691
Fees for Services Accounting$7,440--$7,440
Insurance$7,405--$7,405
Conferences and Meetings$6,786--$6,786
Travel$6,121--$6,121
Total Functional Expenses$1,175,123$0$0$1,175,123
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
1st Afterschool Providers LLCEntity owned by Taylor and TiggsStaffing and Human Resource servicesNo-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
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
Trevor A Taylor
Title
Executive Direc
Phone
2818154768
Signed
2019-11-01
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
0

Preparer

Firm
Core Tax Solutions LLC
Address
7100 Regency Square Blvd Ste 246, Houston, TX 77036
Preparer
Dianne Omokaro
Phone
2819620070
Supplemental Narrative

Additional Explanations

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

Outside Contract Services $1,045,536.68 for tutors.

Raw XML Appendix310 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 $1,045,536.68 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/TotLiabNetAssetsFundBalanceGrp/BOYAmt050051
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt061334
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt06121
IRS990/TravelGrp/TotalAmt06121
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-42949
IRS990/UnrestrictedNetAssetsGrp/EOYAmt061334
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt093000
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0www.yltc.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-01-14 16:20:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Trevor A Taylor
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIREC
ReturnHeader/BusinessOfficerGrp/PhoneNum02818154768
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-01
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/AtSubmissionCreationDeviceId082D3883F61F9CBEFB4538E5675ABF36C36C2A0CA
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId082D3883F61F9CBEFB4538E5675ABF36C36C2A0CA
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId07948662019309dcxxscr
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02019-11-05
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0104.184.133.44
ReturnHeader/FilingSecurityInformation/IPDt02019-11-05
ReturnHeader/FilingSecurityInformation/IPTm015:07:04
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461774838
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Core Tax Solutions LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07100 Regency Square Blvd Ste 246
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Houston
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077036
ReturnHeader/PreparerPersonGrp/PhoneNum02819620070
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Dianne Omokaro
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-11-05T15:06:05-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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
2018Detailed filing. Detailed filing data is available for this year.$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
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