Civic Intelligence

Thrill MILL Inc

990 • Fiscal year 2017 • EIN 46-0683059

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

6401 Penn Avenue Suite 300Pittsburgh, PA 15206

(412) 656-5108

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.11x

Higher debt load relative to assets than 52% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

57th percentile

0.14x

Higher debt load relative to revenue than 57% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

86th percentile

33%

Higher net margin than 86% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

78th percentile

$125,000

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 9.9% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

86th percentile

32%

Faster asset growth than 86% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

18th percentile

-12%

Faster revenue growth than 18% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,636,227

Up $397,739 (+32%) from 2016

Net Assets

Up

$1,461,922

Up $421,504 (+41%) from 2016

Liabilities

Down

$174,305

Down $23,765 (-12%) from 2016

Revenue

Down

$1,268,134

Down $180,757 (-12%) from 2016

Expenses

Up

$846,630

Up $110,224 (+15%) from 2016

Net Income

Down

$421,504

Down $290,981 (-41%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $13,557Liabilities 2012: $02012Assets 2013: $26,641Liabilities 2013: $0Net Assets 2013: $26,6412013Assets 2014: $40,033Liabilities 2014: $0Net Assets 2014: $40,0332014Assets 2015: $327,933Liabilities 2015: $0Net Assets 2015: $327,9332015Assets 2016: $1,238,488Liabilities 2016: $198,070Net Assets 2016: $1,040,4182016Assets 2017: $1,636,227Liabilities 2017: $174,305Net Assets 2017: $1,461,9222017Assets 2018: $1,483,527Liabilities 2018: $149,057Net Assets 2018: $1,334,4702018Assets 2019: $1,170,074Liabilities 2019: $137,663Net Assets 2019: $1,032,4112019Assets 2020: $1,798,354Liabilities 2020: $346,129Net Assets 2020: $1,452,2252020Assets 2021: $1,822,480Liabilities 2021: $108,859Net Assets 2021: $1,713,6212021Assets 2022: $3,108,221Liabilities 2022: $1,818,388Net Assets 2022: $1,289,8332022Assets 2023: $2,736,619Liabilities 2023: $1,544,609Net Assets 2023: $1,192,0102023Assets 2024: $3,914,102Liabilities 2024: $1,455,824Net Assets 2024: $2,458,2782024

Highlighted filing

2017

Assets$1,636,227
Liabilities$174,305
Net Assets$1,461,922

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $31,000Expenses 2012: $17,443Net Income 2012: $13,5572012Revenue 2013: $206,391Expenses 2013: $193,307Net Income 2013: $13,0842013Revenue 2014: $623,097Expenses 2014: $609,705Net Income 2014: $13,3922014Revenue 2015: $962,696Expenses 2015: $674,796Net Income 2015: $287,9002015Revenue 2016: $1,448,891Expenses 2016: $736,406Net Income 2016: $712,4852016Revenue 2017: $1,268,134Expenses 2017: $846,630Net Income 2017: $421,5042017Revenue 2018: $815,720Expenses 2018: $943,172Net Income 2018: -$127,4522018Revenue 2019: $826,491Expenses 2019: $1,129,484Net Income 2019: -$302,9932019Revenue 2020: $1,544,118Expenses 2020: $1,124,304Net Income 2020: $419,8142020Revenue 2021: $1,354,056Expenses 2021: $1,092,660Net Income 2021: $261,3962021Revenue 2022: $867,883Expenses 2022: $1,291,671Net Income 2022: -$423,7882022Revenue 2023: $1,191,747Expenses 2023: $1,289,570Net Income 2023: -$97,8232023Revenue 2024: $2,501,149Expenses 2024: $1,234,881Net Income 2024: $1,266,2682024

Highlighted filing

2017

Revenue$1,268,134
Expenses$846,630
Net Income$421,504
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$1,809,438
Mission and Program Overview

Mission

To attract and retain young talent in the pittsburgh by fostering growth of pittsburgh-based businesses through a self-sustaining model that promotes community interaction and spotlights pittsburgh's continuing resurgence as a prime destination for starting and growing new companies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,038,868$1,000,058▼ $38,810
Savings and Temporary Cash Investments$142,038$601,528▲ $459,490
Cash and Non-Interest-Bearing Accounts$57,582$34,641▼ $22,941
Total Assets$1,238,488$1,636,227▲ $397,739
Liabilities
Mortgage Notes Payable Secured by Investment Property$198,070$174,305▼ $23,765
Total Liabilities$198,070$174,305▼ $23,765
Net Assets / Fund Balance
Unrestricted Net Assets$830,600$1,061,922▲ $231,322
Temporarily Rstr Net Assets$209,818$400,000▲ $190,182
Total Net Assets Fund Balance$1,040,418$1,461,922▲ $421,504
Total Liabilities and Net Assets / Fund Balance$1,238,488$1,636,227▲ $397,739

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$766,580$21,339$787,919
Equipment$233,478$36,488$269,966
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
C Robert ZappalaCEOFT$125,000$125,000

Board Members and Trustees

NameTitle
Luke SkurmanBoard Chairm
David BuschDirector
Hannah JohnsonDirector
Justine KasznicaDirector
Kevin HeherDirector
Mark BroadhurstDirector
Serge SmailbegovicDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,360,000
Program Service Revenue
$120,986
Investment Income
$392
Other Revenue
$-213,244
All Other Contributions
$1,110,000
Change in Net Assets
$421,504

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,268,134
Revenue Not Reported on Form 990
$541,304
Total Revenue per Audited Statements
$1,809,438
Total Revenue per Form 990
$1,268,134
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$483,929
Other Expenses$362,701
Total Fundraising Expense$74,618
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$270,010$100,750$32,240$403,000
Occupancy$208,174--$208,174
Depreciation Depletion-$46,695-$46,695
Other Employee Benefits$44,981$1,039$332$46,352
Fees for Services Other$10,000-$29,019$39,019
Payroll Taxes$23,167$8,644$2,766$34,577
Interest$11,393--$11,393
Fees for Services Accounting--$7,880$7,880
Insurance$5,154--$5,154
Conferences and Meetings$1,632--$1,632
Travel$1,284-$41$1,325
Fees for Services Legal--$1,058$1,058
Information Technology$431$450-$881
Office Expenses-$198$242$440
Other Expenses$415$3,488$1,000$415
All Other Expenses-$-7,886$40$-7,846
Total Functional Expenses$576,641$195,371$74,618$846,630

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,387,934
Expenses per Audited Statements$846,630
Total Expenses per Form 990$846,630
Expenses Not Reported on Form 990$541,304
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$541,304
Fundraising Gross Income$328,060
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Thrival$578,060$328,060$501,597$-173,537
Total Events$578,060$328,060$541,304$-213,244
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
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, Page 6, Part VI, Line 11B

Document reviewed by cfo and board

Form 990, Page 6, Part VI, Line 12C

Annual reviews are completed for members of the board of directors and all employees on an annual basis. At this time, the conflicts of interest policy is re-stated and enforced.

Form 990, Page 6, Part VI, Line 15A

Compensation for the ceo is subject to review and approval by the board of directors.

Form 990, Page 6, Part VI, Line 19

Governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Thrill Mill Inc
EIN
46-0683059
Phone
4126565108
Address
6401 PENN AVENUE SUITE 300, PITTSBURGH, PA 15206
Doing Business As
Ascender

Signing Officer

Name
C Robert Zappala
Title
CEO
Phone
4126565108
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
C Robert Zappala
Formed
2013
Legal Domicile
Pa
Voting Board Members
8
Independent Board Members
8
Employees
5
Volunteers
10

Preparer

Firm
Wilke & Associates Llp
Address
1721 COCHRAN RD STE 200, PITTSBURGH, PA 15220-1002
Preparer
Peter E Fleming
Phone
4122782200
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To attract and retain young talent in the pittsburgh by fostering growth of pittsburgh-based businesses through a self-sustaining model that promotes community interaction and spotlights pittsburgh's continuing resurgence as a prime destination for starting and growing new companies.

Form 990, Part XI, Line 9

Fundraising income 541,304 fundraising expenses net against revenue on form 990 -541,304

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Fundraising income 541,304

Schedule D, Page 4, Part XII, Line 2D

Fundraising expenses net against revenue on form 990 541,304

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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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING INCOME 541,304
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES NET AGAINST REVENUE ON FORM 990 541,304
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO ATTRACT AND RETAIN YOUNG TALENT IN THE PITTSBURGH BY FOSTERING GROWTH OF PITTSBURGH-BASED BUSINESSES THROUGH A SELF-SUSTAINING MODEL THAT PROMOTES COMMUNITY INTERACTION AND SPOTLIGHTS PITTSBURGH'S CONTINUING RESURGENCE AS A PRIME DESTINATION FOR STARTING AND GROWING NEW COMPANIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENT REVIEWED BY CFO AND BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUAL REVIEWS ARE COMPLETED FOR MEMBERS OF THE BOARD OF DIRECTORS AND ALL EMPLOYEES ON AN ANNUAL BASIS. AT THIS TIME, THE CONFLICTS OF INTEREST POLICY IS RE-STATED AND ENFORCED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION FOR THE CEO IS SUBJECT TO REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FUNDRAISING INCOME 541,304 FUNDRAISING EXPENSES NET AGAINST REVENUE ON FORM 990 -541,304
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990/USAddress/AddressLine1Txt06401 PENN AVENUE
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0C ROBERT ZAPPALA
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ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THRILL MILL INC
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