Civic Intelligence

Tompkins County Area Development Foundation Inc.

990EZ • Fiscal year 2023 • EIN 46-1547375

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 30, 2024

Organization ProfileN/A
119 East Seneca Street 200Ithaca, NY 14850

(607) 273-0005

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2023 filings • NTEE S • <$500k nonprofits • Source year 2023

Liabilities / Revenue

58th percentile

0.00x

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

2023 filings • NTEE S • <$500k nonprofits • Source year 2023

Net Margin

39th percentile

0.0%

Higher net margin than 39% of similar nonprofits.

2023 filings • NTEE S • <$500k nonprofits • Source year 2023

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

2023 filings • NTEE S • <$500k nonprofits • Source year 2023

Asset Growth

48th percentile

0.0%

Faster asset growth than 48% of similar nonprofits.

2023 filings • NTEE S • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

9th percentile

-58%

Faster revenue growth than 9% of similar nonprofits.

2023 filings • NTEE S • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$9,224

Up $2 (+0.0%) from 2022

Net Assets

Up

$9,224

Up $2 (+0.0%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin39th percentile

Revenue

Down

$24,002

Down $33,498 (-58%) from 2022

Expenses

Down

$24,000

Down $30,000 (-56%) from 2022

Net Income

Down

$2

Down $3,498 (-100%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

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

$100K$50K$0Assets 2020: $70,124Liabilities 2020: $39,752Net Assets 2020: $30,3722020Assets 2021: $97,499Liabilities 2021: $33,842Net Assets 2021: $63,6572021Assets 2022: $9,222Liabilities 2022: $0Net Assets 2022: $9,2222022Assets 2023: $9,224Liabilities 2023: $0Net Assets 2023: $9,2242023Assets 2024: $1,724Liabilities 2024: $0Net Assets 2024: $1,7242024

Highlighted filing

2023

Assets$9,224
Liabilities$0
Net Assets$9,224
Open 2023 Filing

Operations Trend

Revenue Growth9th percentile

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

$100K$50K$0-$50KRevenue 2020: $51,022Expenses 2020: $65,631Net Income 2020: -$14,6092020Revenue 2021: $97,235Expenses 2021: $63,950Net Income 2021: $33,2852021Revenue 2022: $57,500Expenses 2022: $54,000Net Income 2022: $3,5002022Revenue 2023: $24,002Expenses 2023: $24,000Net Income 2023: $22023Revenue 2024: $0Expenses 2024: $7,500Net Income 2024: -$7,5002024

Highlighted filing

2023

Revenue$24,002
Expenses$24,000
Net Income$2
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 30, 2024
Return Version
2023v5.1
Gross Receipts
$24,002
Mission and Program Overview

Mission

The tompkins county area development foundation, inc. Was formed to preserve and develop the economic, social, and cultural climate of tompkins county.

Program Services

DescriptionGrantsExpenses
THE TOMPKINS COUNTY AREA DEVELOPMENT FOUNDATION, INC. WAS FORMED TO PRESERVE AND DEVELOP THE ECONOMIC, SOCIAL, AND CULTURAL CLIMATE OF TOMPKINS COUNTY.$24,000$24,000
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATIE BORGELLADirector-$0--
ROBERT CANTELMODirector-$0--
ANNE KOREMANDirector-$0--
JOEL MALINAVice Chair-$0--
GREGORY GALVINPast Chair-$0--
JEFF GORSKYTreasurer-$0--
JODI LEE DENMANSecretary-$0--
CATHY HARTChair-$0--
Filing and Contact Details

Filer

Filer Name
Tompkins County Area Development
EIN
46-1547375
Phone
6072730005
Address
119 EAST SENECA STREET 200, ITHACA, NY 14850

Signing Officer

Name
Jodi Lee Denman
Title
Acting Chair
Phone
6072730005
Signed
2024-09-30
Discuss with paid preparer
Yes

Preparer

Firm
Insero & Co Cpas Llp
Address
20 THORNWOOD DRIVE, ITHACA, NY 14850
Preparer
Evan P Cleveland
Phone
6072724444
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: miscellaneous. Amount: 2.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: . Grantee name: ithaca area economic development. Grantee address: 119 e seneca st suite 200 ithaca, ny 14850. Property description: cash. Amount given: 24,000.”

Raw XML Appendix177 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
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ITHACA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KATIE BORGELLA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ROBERT CANTELMO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ANNE KOREMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JOEL MALINA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4GREGORY GALVIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JEFF GORSKY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JODI LEE DENMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7CATHY HART
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4PAST CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7CHAIR
IRS990EZ/OperateHospitalInd00
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IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherRevenueTotalAmt02
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE TOMPKINS COUNTY AREA DEVELOPMENT FOUNDATION, INC. WAS FORMED TO PRESERVE AND DEVELOP THE ECONOMIC, SOCIAL, AND CULTURAL CLIMATE OF TOMPKINS COUNTY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE TOMPKINS COUNTY AREA DEVELOPMENT FOUNDATION, INC. WAS FORMED TO PRESERVE AND DEVELOP THE ECONOMIC, SOCIAL, AND CULTURAL CLIMATE OF TOMPKINS COUNTY.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt024000
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SchoolOperatingInd00
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IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalProgramServiceExpensesAmt024000
IRS990EZ/TotalRevenueAmt024002
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt024000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt057500
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt089095
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IRS990ScheduleA/TotalSupportAmt0318854
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: MISCELLANEOUS. AMOUNT: 2.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: . GRANTEE NAME: ITHACA AREA ECONOMIC DEVELOPMENT. GRANTEE ADDRESS: 119 E SENECA ST SUITE 200 ITHACA, NY 14850. PROPERTY DESCRIPTION: CASH. AMOUNT GIVEN: 24,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JODI LEE DENMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ACTING CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum06072730005
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TOMPKINS COUNTY AREA DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0TOMP
ReturnHeader/Filer/EIN0461547375
ReturnHeader/Filer/PhoneNum06072730005
ReturnHeader/Filer/USAddress/AddressLine1Txt0119 EAST SENECA STREET 200
ReturnHeader/Filer/USAddress/CityNm0ITHACA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd014850
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0475324570
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0INSERO & CO CPAS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt020 THORNWOOD DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ITHACA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd014850
ReturnHeader/PreparerPersonGrp/PhoneNum06072724444
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0EVAN P CLEVELAND
ReturnHeader/ReturnTs02024-09-30T12:43:44-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,224
Liabilities
$0
Net assets
$9,224
Revenue
$24,002
Expenses
$24,000
Net income
$2
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.72$0.00$1.72$0.00$7.50$7.50
2023Detailed filing. Detailed filing data is available for this year.$9.22$0.00$9.22$24.0$24.0$0.00
2022Detailed filing. Detailed filing data is available for this year.$9.22$0.00$9.22$57.5$54.0$3.50
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$97.5$33.8$63.7$97.2$64.0$33.3
2020Detailed filing. Detailed filing data is available for this year.$70.1$39.8$30.4$51.0$65.6$14.6