Civic Intelligence

Timeless Gifts

990 • Fiscal year 2013 • EIN 45-3482850

Jan 01, 2013 to Dec 31, 2013 • Filed on Oct 15, 2014

Organization Profilewww.timelessgifts.org
3427 South Giles60616-3911

(312) 208-1119

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2013

Liabilities / Revenue

56th percentile

0.00x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

7th percentile

-54%

Higher net margin than 7% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

73rd percentile

$600

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2012 to 2013

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $11,229 (-100%) from 2012

Net Assets

Down

$0

Down $11,229 (-100%) from 2012

Liabilities

Flat

$0

Flat from 2012

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin7th percentile

Revenue

Up

$44,358

Up $44,358 from 2012

Expenses

Up

$68,198

Up $49,642 (+268%) from 2012

Net Income

Down

-$23,840

Down $5,284 (-28%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$300K$200K$100K$0Assets 2011: $0Liabilities 2011: $0Net Assets 2011: $02011Assets 2012: $11,229Liabilities 2012: $0Net Assets 2012: $11,2292012Assets 2013: $0Liabilities 2013: $0Net Assets 2013: $02013Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015Assets 2016: $9,632Liabilities 2016: $0Net Assets 2016: $9,6322016Assets 2017: $23,681Liabilities 2017: $0Net Assets 2017: $23,6812017Assets 2018: $21,475Liabilities 2018: $0Net Assets 2018: $21,4752018Assets 2019: $62,991Liabilities 2019: $45,850Net Assets 2019: $17,1412019Assets 2020: $104,729Liabilities 2020: $0Net Assets 2020: $104,7292020Assets 2021: $88,029Liabilities 2021: $0Net Assets 2021: $88,0292021Assets 2022: $200,946Liabilities 2022: $0Net Assets 2022: $200,9462022Assets 2023: $152,114Liabilities 2023: $0Net Assets 2023: $152,1142023Assets 2024: $70,390Liabilities 2024: $0Net Assets 2024: $70,3902024

Highlighted filing

2013

Assets$0
Liabilities$0
Net Assets$0
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$400K$200K$0-$200KRevenue 2011: $29,747Expenses 2011: $0Net Income 2011: $29,7472011Revenue 2012: $0Expenses 2012: $18,556Net Income 2012: -$18,5562012Revenue 2013: $44,358Expenses 2013: $68,198Net Income 2013: -$23,8402013Revenue 2014: $35,026Expenses 2014: $28,398Net Income 2014: $6,6282014Revenue 2015: $26,023Expenses 2015: $19,207Net Income 2015: $6,8162015Revenue 2016: $24,519Expenses 2016: $30,266Net Income 2016: -$5,7472016Revenue 2017: $36,717Expenses 2017: $22,669Net Income 2017: $14,0482017Revenue 2018: $30,872Expenses 2018: $33,078Net Income 2018: -$2,2062018Revenue 2019: $41,516Expenses 2019: $45,850Net Income 2019: -$4,3342019Revenue 2020: $108,407Expenses 2020: $63,884Net Income 2020: $44,5232020Revenue 2021: $136,298Expenses 2021: $152,998Net Income 2021: -$16,7002021Revenue 2022: $360,333Expenses 2022: $247,416Net Income 2022: $112,9172022Revenue 2023: $295,896Expenses 2023: $344,732Net Income 2023: -$48,8362023Revenue 2024: $102,314Expenses 2024: $174,649Net Income 2024: -$72,3352024

Highlighted filing

2013

Revenue$44,358
Expenses$68,198
Net Income-$23,840
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Oct 15, 2014
Return Version
2013v3.1
Gross Receipts
$0
Mission and Program Overview

Mission

To mentor youth in the area of performing arts.

Youth mentoring for the perform arts

Balance Sheet Detail
LineBeginningEndChange
Assets
Total Assets$0$0→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$0$0→ $0
Compensation and Service Providers
Top Officer Pay73rd percentile

Board Members and Trustees

NameTitle
Joan CollasoPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$44,358
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-23,840
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$68,198
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance$33,214--$33,214
All Other Expenses$21,925--$21,925
Advertising$1,889--$1,889
Office Expenses$1,047--$1,047
Other Expenses---$132
Total Functional Expenses$68,198$0$0$68,198
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
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
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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
Filing and Contact Details

Filer

EIN
45-3482850
Phone
3122081119

Signing Officer

Name
Joan Collaso
Title
President
Signed
2014-10-15
Discuss with paid preparer
No

Organization Details

Principal Officer
Joan Collaso
Voting Board Members
7
Independent Board Members
0
Employees
0
Supplemental Narrative

Additional Explanations

Part 1 Line 8

“PART 1 LINE 17”

Raw XML Appendix203 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0YOUTH MENTORING FOR THE PERFORM ARTS
IRS990/AdvertisingGrp/ProgramServicesAmt01889
IRS990/AdvertisingGrp/TotalAmt01889
IRS990/AllOtherExpensesGrp/ProgramServicesAmt021925
IRS990/AllOtherExpensesGrp/TotalAmt021925
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0JOAN WALTON COLLASO
IRS990/BooksInCareOfDetail/PhoneNum03122081119
IRS990/BooksInCareOfDetail/USAddress/AddressLine103427 SOUTH GILE
IRS990/BooksInCareOfDetail/USAddress/City0CHICAGO
IRS990/BooksInCareOfDetail/USAddress/State0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCode0606163911
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0true
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt044358
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt068198
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-23840
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt068198
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt044358
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0TALENT
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExcessBusinessHoldingsInd0false
IRS990/ExpenseAmt068198
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0true
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt020
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0JOAN COLLASO
IRS990/Form990PartVIISectionAGrp/PersonNm1JOAN COLLASO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt033214
IRS990/InsuranceGrp/TotalAmt033214
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0YOUTH MENTORING FOR THE PERFORMING ARTS
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt01047
IRS990/OfficeExpensesGrp/TotalAmt01047
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/TotalAmt06200
IRS990/OtherExpensesGrp/TotalAmt11825
IRS990/OtherExpensesGrp/TotalAmt21966
IRS990/OtherExpensesGrp/TotalAmt3132
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JOAN COLLASO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/ReconcilationRevenueExpnssAmt0-68198
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt044358
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt025359
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt025359
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt025359
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt025359
IRS990ScheduleA/Total509Grp/TotalAmt025359
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt025359
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt025359
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PART 1 LINE 17
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART 1 LINE 8
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt068198
IRS990/TotalFunctionalExpensesGrp/TotalAmt068198
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalProgramServiceExpensesAmt068198
IRS990/TotalReportableCompFromOrgAmt0600
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine103427 SOUTH GILES
IRS990/USAddress/City0CHICAGO
IRS990/USAddress/State0IL
IRS990/USAddress/ZIPCode0606163911
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0JOAN COLLASO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-10-15
ReturnHeader/Filer/BusinessName/BusinessNameLine10TIMELESS GIFTS
ReturnHeader/Filer/BusinessNameControlTxt0TIME
ReturnHeader/Filer/EIN0453482850
ReturnHeader/Filer/PhoneNum03122081119
ReturnHeader/Filer/USAddress/AddressLine103427 SOUTH GILES
ReturnHeader/Filer/USAddress/City0CHICAGO
ReturnHeader/Filer/USAddress/State0IL
ReturnHeader/Filer/USAddress/ZIPCode0606163911
ReturnHeader/ReturnTs02014-10-30T02:37:18-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$44,358
Expenses
$68,198
Net income
-$23,840
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.70$0.00$0.70$1.02$1.75$0.72
2023Detailed filing. Detailed filing data is available for this year.$1.52$0.00$1.52$2.96$3.45$0.49
2022Detailed filing. Detailed filing data is available for this year.$2.01$0.00$2.01$3.60$2.47$1.13
2021Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$1.36$1.53$0.17
2020Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$1.08$0.64$0.45
2019Detailed filing. Detailed filing data is available for this year.$0.63$0.46$0.17$0.42$0.46$0.04
2018Summary only. Only limited summary data is available for this year.$0.21$0.00$0.21$0.31$0.33$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.37$0.23$0.14
2016Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.25$0.30$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.26$0.19$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.35$0.28$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.44$0.68$0.24
2012Summary only. Only limited summary data is available for this year.$0.11$0.00$0.11$0.00$0.19$0.19
2011Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.30$0.00$0.30