Civic Intelligence

Tom Tom Foundation

990 • Fiscal year 2017 • EIN 46-2048771

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 11, 2018

100 W South Street 1DCharlottesville, VA 22902

(434) 981-7045

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.10x

Higher debt load relative to assets than 62% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

40th percentile

0.01x

Higher debt load relative to revenue than 40% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

57th percentile

6.2%

Higher net margin than 57% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

72nd percentile

15%

Faster asset growth than 72% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

86th percentile

48%

Faster revenue growth than 86% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$145,378

Up $18,576 (+15%) from 2016

Net Assets

Up

$131,488

Up $59,413 (+82%) from 2016

Liabilities

Down

$13,890

Down $40,837 (-75%) from 2016

Revenue

Up

$964,303

Up $314,406 (+48%) from 2016

Expenses

Up

$904,890

Up $290,266 (+47%) from 2016

Net Income

Up

$59,413

Up $24,140 (+68%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2013: $456Liabilities 2013: $1,000Net Assets 2013: -$5442013Assets 2014: $8,600Liabilities 2014: $458Net Assets 2014: $8,1422014Assets 2015: $56,914Liabilities 2015: $20,112Net Assets 2015: $36,8022015Assets 2016: $126,802Liabilities 2016: $54,727Net Assets 2016: $72,0752016Assets 2017: $145,378Liabilities 2017: $13,890Net Assets 2017: $131,4882017Assets 2018: $204,870Liabilities 2018: $62,844Net Assets 2018: $142,0262018Assets 2019: $65,138Liabilities 2019: $8,284Net Assets 2019: $56,8542019Assets 2020: $200,637Liabilities 2020: $576,880Net Assets 2020: -$376,2432020Assets 2021: $119,408Liabilities 2021: $369,614Net Assets 2021: -$250,2062021Assets 2022: $694,434Liabilities 2022: $464,101Net Assets 2022: $230,3332022Assets 2023: $651,341Liabilities 2023: $468,274Net Assets 2023: $183,0672023Assets 2024: $580,527Liabilities 2024: $458,368Net Assets 2024: $122,1592024Assets 2025: $513,118Liabilities 2025: $469,534Net Assets 2025: $43,5842025

Highlighted filing

2017

Assets$145,378
Liabilities$13,890
Net Assets$131,488

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2013: $62,750Expenses 2013: $63,294Net Income 2013: -$5442013Revenue 2014: $228,640Expenses 2014: $219,954Net Income 2014: $8,6862014Revenue 2015: $316,743Expenses 2015: $288,083Net Income 2015: $28,6602015Revenue 2016: $649,897Expenses 2016: $614,624Net Income 2016: $35,2732016Revenue 2017: $964,303Expenses 2017: $904,890Net Income 2017: $59,4132017Revenue 2018: $1,213,737Expenses 2018: $1,203,199Net Income 2018: $10,5382018Revenue 2019: $1,197,762Expenses 2019: $1,282,934Net Income 2019: -$85,1722019Revenue 2020: $197,993Expenses 2020: $631,090Net Income 2020: -$433,0972020Revenue 2021: $507,188Expenses 2021: $381,151Net Income 2021: $126,0372021Revenue 2022: $768,107Expenses 2022: $287,568Net Income 2022: $480,5392022Revenue 2023: $402,369Expenses 2023: $449,635Net Income 2023: -$47,2662023Revenue 2024: $554,521Expenses 2024: $615,429Net Income 2024: -$60,9082024Revenue 2025: $549,272Expenses 2025: $627,847Net Income 2025: -$78,5752025

Highlighted filing

2017

Revenue$964,303
Expenses$904,890
Net Income$59,413
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 11, 2018
Return Version
2016v3.0
Gross Receipts
$964,303
Mission and Program Overview

Mission

To champion innovation, creativity, and entrepreneurship in america's small cities, and promote public awareness of best practices for more prosperous and equitable cities.

To celebrate and empower the founders of creative, civic, and entrepreneurial projects.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$90,025$134,323▲ $44,298
Pledges and Grants Receivable$25,000--
Land, Buildings, and Equipment, Net$10,943$10,221▼ $722
Total Assets$126,802$145,378▲ $18,576
Other Assets Total$834$834→ $0
Liabilities
Other Liabilities$47,200$11,509▼ $35,691
Accounts Payable and Accrued Expenses$7,527$2,381▼ $5,146
Total Liabilities$54,727$13,890▼ $40,837
Net Assets / Fund Balance
Unrestricted Net Assets$72,075$131,488▲ $59,413
Total Net Assets Fund Balance$72,075$131,488▲ $59,413
Total Liabilities and Net Assets / Fund Balance$126,802$145,378▲ $18,576

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,617$4,386$8,003
Buildings$6,604$373$6,977
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Paul BeyerExecutive DirectorFT$78,000$78,000

Board Members and Trustees

NameTitle
Blake HurtPresident
John E HardingTrustee
Paul G BeckertTrustee
Peter CaramanisTrustee
Richard BeyerTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$710,302
Program Service Revenue
$251,611
Investment Income
$2,390
Other Revenue
$0
All Other Contributions
$653,024
Change in Net Assets
$59,413
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$587,854
Salaries, Compensation, and Employee Benefits$317,036
Total Fundraising Expense$1,249
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$140,351-$1,180$141,531
Other Salaries and Wages$106,949$13,250-$120,199
Comp Disqual Persons$40,640$63,928-$104,568
Current Officers, Directors, Trustees, and Key Employees$57,720$20,280-$78,000
Occupancy$41,097$21,227-$62,324
Fees for Services Other$23,293--$23,293
Information Technology$19,020$2,089-$21,109
Payroll Taxes$9,703$4,566-$14,269
Office Expenses-$12,499-$12,499
Insurance$7,329$2,575-$9,904
Depreciation Depletion$3,346$179-$3,525
Fees for Services Accounting-$2,498-$2,498
Other Expenses$840$1,266$69$2,175
Travel-$196-$196
Interest-$38-$38
Total Functional Expenses$759,050$144,591$1,249$904,890
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$7,048
Payroll Liabilities$3,361
Rent Payable$1,100
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
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

Governance Explanations

Form 990, Part VI, Section A, Line 2

A familial relationship exists between the tom tom foundation's executive director, paul beyer, and board of director, trustee, richard beyer.

Form 990, Part VI, Section B, Line 11B

Tom tom policy requires the board of directors review and approve the tax return prior to filing.

Form 990, Part VI, Section B, Line 12C

The trustees review and monitor the foundation's business transactions on a consistent basis. At each board meeting the trustees review the foundations accounting records ensuring the records are accurate and transparent to the public. At each meeting the trustees monitor the foundation, its employees, donors, and agents for actual and potential conflict of interests.

Form 990, Part VI, Section B, Line 15B

The foundation's board of directors has ultimate authority of determing the executive director's compensation.

Form 990, Part VI, Section C, Line 18

All records are available upon request.

Form 990, Part VI, Section C, Line 19

Tom tom foundation's governing documents, policies, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Tom Tom Foundation
EIN
46-2048771
Phone
4349817045
Address
100 W SOUTH STREET 1D, CHARLOTTESVILLE, VA 22902

Signing Officer

Name
Paul Beyer
Title
Executive Director
Phone
4349817045
Signed
2018-01-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Beyer
Formed
2013
Legal Domicile
Va
Voting Board Members
5
Independent Board Members
5
Employees
4
Volunteers
275

Preparer

Firm
White Beckert and Associates LLC
Address
210 RIDGE MCINTIRE ROAD SUITE 250, CHARLOTTESVILLE, VA 22903
Preparer
Paul G Beckert
Phone
4343265210
Supplemental Narrative

Financial Statement Notes

Form 990 - Part XII - Line 1

Tom tom foundation maintains its books and records in accordance sfas 116 and sfas 117. For the fiscal year ended june 30, 2017, the foundation's financial statements were not audited. The foundation has voluntarily submitted schedule d reconciling the accounting financial statements with the income tax return.

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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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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt02988
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01258029
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0649897
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0316742
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0228640
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt062750
IRS990ScheduleA/Total509Grp/TotalAmt01258029
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0649897
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0316742
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0228640
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt062750
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01258029
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt06604
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0373
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06977
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03617
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04386
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08003
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07048
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13361
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21100
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2RENT PAYABLE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TOM TOM FOUNDATION MAINTAINS ITS BOOKS AND RECORDS IN ACCORDANCE SFAS 116 AND SFAS 117. FOR THE FISCAL YEAR ENDED JUNE 30, 2017, THE FOUNDATION'S FINANCIAL STATEMENTS WERE NOT AUDITED. THE FOUNDATION HAS VOLUNTARILY SUBMITTED SCHEDULE D RECONCILING THE ACCOUNTING FINANCIAL STATEMENTS WITH THE INCOME TAX RETURN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - PART XII - LINE 1
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010221
IRS990ScheduleD/TotalLiabilityAmt011509
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A FAMILIAL RELATIONSHIP EXISTS BETWEEN THE TOM TOM FOUNDATION'S EXECUTIVE DIRECTOR, PAUL BEYER, AND BOARD OF DIRECTOR, TRUSTEE, RICHARD BEYER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TOM TOM POLICY REQUIRES THE BOARD OF DIRECTORS REVIEW AND APPROVE THE TAX RETURN PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TRUSTEES REVIEW AND MONITOR THE FOUNDATION'S BUSINESS TRANSACTIONS ON A CONSISTENT BASIS. AT EACH BOARD MEETING THE TRUSTEES REVIEW THE FOUNDATIONS ACCOUNTING RECORDS ENSURING THE RECORDS ARE ACCURATE AND TRANSPARENT TO THE PUBLIC. AT EACH MEETING THE TRUSTEES MONITOR THE FOUNDATION, ITS EMPLOYEES, DONORS, AND AGENTS FOR ACTUAL AND POTENTIAL CONFLICT OF INTERESTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOUNDATION'S BOARD OF DIRECTORS HAS ULTIMATE AUTHORITY OF DETERMING THE EXECUTIVE DIRECTOR'S COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL RECORDS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TOM TOM FOUNDATION'S GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsGrp/BOYAmt0126802
IRS990/TotalAssetsGrp/EOYAmt0145378
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0710302
IRS990/TotalEmployeeCnt04
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0144591
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0759050
IRS990/TotalFunctionalExpensesGrp/TotalAmt0904890
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt054727
IRS990/TotalLiabilitiesEOYAmt013890
IRS990/TotalLiabilitiesGrp/BOYAmt054727
IRS990/TotalLiabilitiesGrp/EOYAmt013890
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt072075
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0131488
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0759050
IRS990/TotalProgramServiceRevenueAmt0251611
IRS990/TotalReportableCompFromOrgAmt078000
IRS990/TotalRevenueGrp/ExclusionAmt02390
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0251611
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0964303
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0275
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0126802
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0145378
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0196
IRS990/TravelGrp/TotalAmt0196
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt072075
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0131488
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0100 W SOUTH STREET 1D
IRS990/USAddress/CityNm0CHARLOTTESVILLE
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd022902
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.TOMTOMFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PAUL BEYER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04349817045
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-01-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TOM TOM FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0TOMT
ReturnHeader/Filer/EIN0462048771
ReturnHeader/Filer/PhoneNum04349817045
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 W SOUTH STREET 1D
ReturnHeader/Filer/USAddress/CityNm0CHARLOTTESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd022902
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId033CFDD09048FFEA56EAD183B40F54F1C954249D5
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId022E86DDBE74339BAE80C49668CFAE53502F53DEC
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0216.197.77.142
ReturnHeader/FilingSecurityInformation/IPDt02018-01-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm007:37:24
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0460597233
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WHITE BECKERT AND ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0210 RIDGE MCINTIRE ROAD SUITE 250
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLOTTESVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd022903
ReturnHeader/PreparerPersonGrp/PhoneNum04343265210
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL G BECKERT

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