Civic Intelligence

Laughs for the Troops Inc

990EZ • Fiscal year 2015 • EIN 46-0707822

Jan 01, 2015 to Dec 31, 2015 • Filed on Mar 28, 2016

11705 Boyette RdRiverview, FL 33569

(813) 280-5454

Siviq Scores

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

Liabilities / Assets

97th percentile

2.01x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

91st percentile

0.37x

Higher debt load relative to revenue than 91% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

76th percentile

20%

Higher net margin than 76% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$1,000

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Assets

$6,734

No earlier filing loaded for comparison.

Net Assets

-$6,799

No earlier filing loaded for comparison.

Liabilities

$13,533

No earlier filing loaded for comparison.

Revenue

$36,245

No earlier filing loaded for comparison.

Expenses

$29,112

No earlier filing loaded for comparison.

Net Income

$7,133

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$20K$10K$0-$10K-$20KAssets 2015: $6,734Liabilities 2015: $13,533Net Assets 2015: -$6,7992015Assets 2016: $7,205Liabilities 2016: $19,063Net Assets 2016: -$11,8582016Assets 2017: $8,442Liabilities 2017: $18,213Net Assets 2017: -$9,7712017Assets 2018: $8,930Liabilities 2018: $14,198Net Assets 2018: -$5,2682018

Highlighted filing

2015

Assets$6,734
Liabilities$13,533
Net Assets-$6,799

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2015: $36,245Expenses 2015: $29,112Net Income 2015: $7,1332015Revenue 2016: $36,829Expenses 2016: $41,888Net Income 2016: -$5,0592016Revenue 2017: $50,631Expenses 2017: $48,544Net Income 2017: $2,0872017Revenue 2018: $30,559Expenses 2018: $26,056Net Income 2018: $4,5032018

Highlighted filing

2015

Revenue$36,245
Expenses$29,112
Net Income$7,133
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Mar 28, 2016
Return Version
2015v2.1
Gross Receipts
$53,093
Mission and Program Overview

Mission

The mission of the Organization is bringing awareness to and assisting those affected by the "invisible wounds" - Post-Traumatic Stress Disorder (PTSD)and Traumatic Brain Injuries (TBI).

The mission of the Organization is bringing awareness to and assisting those affected by the "invisible wounds" - Post-Traumatic Stress Disorder (PTSD) and Traumatic Brain Injuries (TBI).

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
THOMAS BROWNPresident, CEOFT$1,000-$1,000
JAMES KELLEYTreasurerPT$0--
PHILIP THOMPSONSecretary-$0--
RON DEL SAVIOBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf & Comedy$39,390$7,890$873$7,017
Total Events$39,390$7,890$16,848$-8,958
Filing and Contact Details

Filer

Filer Name
Laughs for the Troops Inc
EIN
46-0707822
Phone
8132805454
Address
11705 Boyette Rd, Riverview, FL 33569

Signing Officer

Name
Thomas Brown
Title
President, CEO
Phone
8132805454
Signed
2016-03-28
Discuss with paid preparer
Yes

Preparer

Firm
Ellen Fontana CPA LLC
Address
2471 N MCMULLEN BOOTH RD 308, Clearwater, FL 33759
Preparer
Ellen Fontana
Phone
7274310354
Supplemental Narrative

Additional Explanations

Other

Part III - Line 28

Other

During the first full year of operations, the organization hosted comedy events throughout the country for military personnel and their families, as well as the general public (included in fundraising event expense). Laughs for the troops raised money and awareness through large comedy events. In many ways, laughter truly is the best medicine. Humor can heal. It also can increase awareness about the plight many of our brave military members face upon returning from combat. Traumatic brain injuries and post-traumatic stress disorder are common ailments among military personnel who have returned from war. As funds become available, the organization will help fund research for traumatic brain injury and ptsd and will work with va hospitals that treat veterans who suffer from these conditions. Laughs for the troops seeks to not only heal through humor, but to assist families who need financial help once their soldiers, marines, airmen, and sailors return from combat and work to heal - physically and mentally.

Form 990EZ, Part I, Line 16

Trophies and plaques 2005. Supplies 5623. Telephone 651. Website 4208. Camaro auction 1500. Promotional 200. Meals 269. Memberships and dues 103. Licenses and permits 736. Bank service charges 1169. Travel 1862. Contributions 398. Miscellaneous 207. Depreciation 395.

Form 990EZ, Part II, Line 24

EQUIPMENT 790. 395.

Form 990EZ, Part II, Line 26

Accounts payable 1670. 1670. Loan from president 13387. 11863.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Part III - Line 28
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DURING THE FIRST FULL YEAR OF OPERATIONS, THE ORGANIZATION HOSTED COMEDY EVENTS THROUGHOUT THE COUNTRY FOR MILITARY PERSONNEL AND THEIR FAMILIES, AS WELL AS THE GENERAL PUBLIC (INCLUDED IN FUNDRAISING EVENT EXPENSE). LAUGHS FOR THE TROOPS RAISED MONEY AND AWARENESS THROUGH LARGE COMEDY EVENTS. IN MANY WAYS, LAUGHTER TRULY IS THE BEST MEDICINE. HUMOR CAN HEAL. IT ALSO CAN INCREASE AWARENESS ABOUT THE PLIGHT MANY OF OUR BRAVE MILITARY MEMBERS FACE UPON RETURNING FROM COMBAT. TRAUMATIC BRAIN INJURIES AND POST-TRAUMATIC STRESS DISORDER ARE COMMON AILMENTS AMONG MILITARY PERSONNEL WHO HAVE RETURNED FROM WAR. AS FUNDS BECOME AVAILABLE, THE ORGANIZATION WILL HELP FUND RESEARCH FOR TRAUMATIC BRAIN INJURY AND PTSD AND WILL WORK WITH VA HOSPITALS THAT TREAT VETERANS WHO SUFFER FROM THESE CONDITIONS. LAUGHS FOR THE TROOPS SEEKS TO NOT ONLY HEAL THROUGH HUMOR, BUT TO ASSIST FAMILIES WHO NEED FINANCIAL HELP ONCE THEIR SOLDIERS, MARINES, AIRMEN, AND SAILORS RETURN FROM COMBAT AND WORK TO HEAL - PHYSICALLY AND MENTALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TROPHIES AND PLAQUES 2005. SUPPLIES 5623. TELEPHONE 651. WEBSITE 4208. CAMARO AUCTION 1500. PROMOTIONAL 200. MEALS 269. MEMBERSHIPS AND DUES 103. LICENSES AND PERMITS 736. BANK SERVICE CHARGES 1169. TRAVEL 1862. CONTRIBUTIONS 398. MISCELLANEOUS 207. DEPRECIATION 395.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EQUIPMENT 790. 395.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS PAYABLE 1670. 1670. LOAN FROM PRESIDENT 13387. 11863.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02016-09-27 15:27:22Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS BROWN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT, CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08132805454
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-03-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Laughs for the Troops Inc
ReturnHeader/Filer/BusinessNameControlTxt0LAUG
ReturnHeader/Filer/EIN0460707822
ReturnHeader/Filer/PhoneNum08132805454
ReturnHeader/Filer/USAddress/AddressLine1Txt011705 Boyette Rd
ReturnHeader/Filer/USAddress/CityNm0Riverview
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033569
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Ellen Fontana CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02471 N MCMULLEN BOOTH RD 308
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Clearwater
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033759
ReturnHeader/PreparerPersonGrp/PhoneNum07274310354
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELLEN FONTANA
ReturnHeader/ReturnTs02016-04-18T07:07:16-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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