Civic Intelligence

Project Childsafe Inc.

990 • Fiscal year 2018 • EIN 46-2147964

Apr 01, 2017 to Mar 31, 2018 • Filed on Nov 12, 2018

11 Mile Hill RoadNewtown, CT 06470

(203) 426-1320

Siviq Scores

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

Liabilities / Assets

71st percentile

0.04x

Higher debt load relative to assets than 71% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

82nd percentile

0.09x

Higher debt load relative to revenue than 82% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

93rd percentile

57%

Higher net margin than 93% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

100th percentile

$610,206

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 449.7% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

80th percentile

36%

Faster asset growth than 80% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

95th percentile

151%

Faster revenue growth than 95% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$345,638

Up $90,567 (+36%) from 2017

Net Assets

Up

$332,999

Up $77,928 (+31%) from 2017

Liabilities

Up

$12,639

Up $12,639 from 2017

Revenue

Up

$135,686

Up $81,664 (+151%) from 2017

Expenses

Down

$57,758

Down $40,926 (-41%) from 2017

Net Income

Up

$77,928

Up $122,590 (+274%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2015: $173,825Liabilities 2015: $0Net Assets 2015: $173,8252015Assets 2016: $299,733Liabilities 2016: $0Net Assets 2016: $299,7332016Assets 2017: $255,071Liabilities 2017: $0Net Assets 2017: $255,0712017Assets 2018: $345,638Liabilities 2018: $12,639Net Assets 2018: $332,9992018Assets 2019: $378,615Liabilities 2019: $17,563Net Assets 2019: $361,0522019Assets 2020: $435,180Liabilities 2020: $37,814Net Assets 2020: $397,3662020Assets 2021: $465,490Liabilities 2021: $12,161Net Assets 2021: $453,3292021Assets 2022: $535,692Liabilities 2022: $6,393Net Assets 2022: $529,2992022Assets 2023: $519,452Liabilities 2023: $5,450Net Assets 2023: $514,0022023Assets 2024: $386,070Liabilities 2024: $101Net Assets 2024: $385,9692024Assets 2025: $302,392Liabilities 2025: $8,443Net Assets 2025: $293,9492025

Highlighted filing

2018

Assets$345,638
Liabilities$12,639
Net Assets$332,999

Operations Trend

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

$400K$200K$0-$200KRevenue 2015: $168,326Expenses 2015: $623Net Income 2015: $167,7032015Revenue 2016: $199,074Expenses 2016: $73,166Net Income 2016: $125,9082016Revenue 2017: $54,022Expenses 2017: $98,684Net Income 2017: -$44,6622017Revenue 2018: $135,686Expenses 2018: $57,758Net Income 2018: $77,9282018Revenue 2019: $113,119Expenses 2019: $85,066Net Income 2019: $28,0532019Revenue 2020: $157,857Expenses 2020: $121,543Net Income 2020: $36,3142020Revenue 2021: $176,945Expenses 2021: $120,982Net Income 2021: $55,9632021Revenue 2022: $164,083Expenses 2022: $88,113Net Income 2022: $75,9702022Revenue 2023: $249,509Expenses 2023: $264,806Net Income 2023: -$15,2972023Revenue 2024: $122,249Expenses 2024: $250,282Net Income 2024: -$128,0332024Revenue 2025: $196,137Expenses 2025: $288,157Net Income 2025: -$92,0202025

Highlighted filing

2018

Revenue$135,686
Expenses$57,758
Net Income$77,928
Jump To
Filing Snapshot
Filing Period
Apr 1, 2017 to Mar 31, 2018
Signed
Nov 12, 2018
Return Version
2017v2.3
Gross Receipts
$135,686
Mission and Program Overview

Mission

To raise funding for the support of educating the general public about firearms and the safe and responsible use and ownership of firearms. The organization also seeks to promote and increase awareness of proper firearms storage practices to prevent unauthorized individuals, including children and at-risk persons exhibiting symptoms of mental illness, from accessing firearms. The purpose of the organization is also to partner with firearms industry members, law enforcement, government entities, academic institutions, and other national, state, and community stakeholders in encouraging safe storage and responsible ownership and use of firearms through advocacy, research, education, and outreach programs.

Promoting firearms safety among firearms owners.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$220,878$345,638▲ $124,760
Prepaid Expenses and Deferred Charges$499$0▼ $499
Total Assets$255,071$345,638▲ $90,567
Other Assets Total$33,694$0▼ $33,694
Liabilities
Accounts Payable and Accrued Expenses$0$7,517▲ $7,517
Other Liabilities$0$5,122▲ $5,122
Total Liabilities$0$12,639▲ $12,639
Net Assets / Fund Balance
Unrestricted Net Assets$250,471$332,999▲ $82,528
Temporarily Rstr Net Assets$4,600$0▼ $4,600
Total Net Assets Fund Balance$255,071$332,999▲ $77,928
Total Liabilities and Net Assets / Fund Balance$255,071$345,638▲ $90,567
Compensation and Service Providers

Employees

NameTitleOtherTotal
Benjamin ErwinAssistant Secretary$119,829$119,829

Board Members and Trustees

NameTitle
Stephen SanettiChairman
William BrassardAssistant Treasurer
Lawrence G KeaneSecretary
John SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$135,686
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$135,553
Change in Net Assets
$77,928

Audited Revenue Reconciliation

Revenue per Audited Statements
$135,686
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$86,269
Total Revenue per Audited Statements
$221,955
Total Revenue per Form 990
$135,686
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$57,758
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
Fees for Services Other$36,222$3,748-$39,970
Fees for Services Accounting-$10,240-$10,240
Other Expenses$6,689--$6,689
Office Expenses$74$785-$859
Total Functional Expenses$42,985$14,773$0$57,758

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$144,027
Expenses Not Reported on Form 990$86,269
Expenses per Audited Statements$57,758
Total Expenses per Form 990$57,758
Expenses Not Reported on Financial Statements$0
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
Due to Affiliate$5,122
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The 990 is reviewed in detail by the board of directors prior to filing with the irs.

Form 990, Part VI, Section C, Line 19

The organization's form 990 annual information return (including schedules) is available for inspection upon request by the public either in person at the organization's business premises in newtown, ct during normal business hours or upon written request. The organization does not make available for public inspection the names and addresses of any of its contributors or schedules or forms not otherwise required to be disclosed. Furthermore, the organization does not make available to the general public internal corporate documents, such as bylaws, minutes, financials, handbooks, or policies and procedures, any proprietary and confidential information such as trade secrets or pertaining to the organization's business, or any other information that would adversely affect the organization's interests if disclosed, unless such documents or information is required to be made publicly available by federal or state law.

Filing and Contact Details

Filer

Filer Name
Project Childsafe Inc
EIN
46-2147964
Phone
2034261320
Address
11 MILE HILL ROAD, NEWTOWN, CT 06470
Doing Business As
Project Childsafe Foundation

Signing Officer

Name
John Smith
Title
Treasurer
Phone
2034261320
Signed
2018-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen Sanetti
Formed
2013
Legal Domicile
Ct
Voting Board Members
5
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Baker Tilly Virchow Krause Llp
Address
1650 MARKET STREET SUITE 4500, PHILADELPHIA, PA 19103-7341
Preparer
Julius C Green CPA
Phone
2159720701
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Merchant fees: program service expenses 36,222. Management and general expenses 3,748. Fundraising expenses 0. Total expenses 39,970.

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from income tax under internal revenue code section 501(c)(3). However, income from certain activities not directly related to the organization's tax-exempt purpose is subject to taxation as unrelated business income. There are certain transactions that could be deemed "unrelated business income and would result in a tax liability. The organization recognizes the effect of income tax positions only if those positions are more likely than not to not be overturned upon examination by the applicable authorities. Management has reviewed the transactions to estimate potential tax liabilities. Management annually reviews its tax provisions and has determined that there are no material uncertain tax positions that require recognition in the financial statements.

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IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0144027
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IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt248344
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1375734
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2223016
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3121496
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt143200
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt210800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt322386
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt028759
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt135724
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt22061
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0STEPHEN SANETTI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1LAWRENCE G KEANE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2JOHN SMITH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3WILLIAM BRASSARD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CHAIRMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3ASSISTANT TREASURER
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1572503
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2284221
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt3184419
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0COMPENSATION OF OFFICERS, IS DETERMINED BY NATIONAL SHOOTING SPORTS FOUNDATION, INC. (NSSF) A RELATED ORGANIZATION. NSSF USES A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE IN ORDER TO DETERMINE COMPENSATION.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED IN DETAIL BY THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S FORM 990 ANNUAL INFORMATION RETURN (INCLUDING SCHEDULES) IS AVAILABLE FOR INSPECTION UPON REQUEST BY THE PUBLIC EITHER IN PERSON AT THE ORGANIZATION'S BUSINESS PREMISES IN NEWTOWN, CT DURING NORMAL BUSINESS HOURS OR UPON WRITTEN REQUEST. THE ORGANIZATION DOES NOT MAKE AVAILABLE FOR PUBLIC INSPECTION THE NAMES AND ADDRESSES OF ANY OF ITS CONTRIBUTORS OR SCHEDULES OR FORMS NOT OTHERWISE REQUIRED TO BE DISCLOSED. FURTHERMORE, THE ORGANIZATION DOES NOT MAKE AVAILABLE TO THE GENERAL PUBLIC INTERNAL CORPORATE DOCUMENTS, SUCH AS BYLAWS, MINUTES, FINANCIALS, HANDBOOKS, OR POLICIES AND PROCEDURES, ANY PROPRIETARY AND CONFIDENTIAL INFORMATION SUCH AS TRADE SECRETS OR PERTAINING TO THE ORGANIZATION'S BUSINESS, OR ANY OTHER INFORMATION THAT WOULD ADVERSELY AFFECT THE ORGANIZATION'S INTERESTS IF DISCLOSED, UNLESS SUCH DOCUMENTS OR INFORMATION IS REQUIRED TO BE MADE PUBLICLY AVAILABLE BY FEDERAL OR STATE LAW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MERCHANT FEES: PROGRAM SERVICE EXPENSES 36,222. MANAGEMENT AND GENERAL EXPENSES 3,748. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 39,970.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NATIONAL SHOOTING SPORTS FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0060860132
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TRADE ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt011 MILE HILL ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NEWTOWN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd006470
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
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IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AL
IRS990/StatesWhereCopyOfReturnIsFldCd1AK
IRS990/StatesWhereCopyOfReturnIsFldCd2AR
IRS990/StatesWhereCopyOfReturnIsFldCd3CA
IRS990/StatesWhereCopyOfReturnIsFldCd4CT
IRS990/StatesWhereCopyOfReturnIsFldCd5FL
IRS990/StatesWhereCopyOfReturnIsFldCd6GA
IRS990/StatesWhereCopyOfReturnIsFldCd7HI
IRS990/StatesWhereCopyOfReturnIsFldCd8IL
IRS990/StatesWhereCopyOfReturnIsFldCd9KS
IRS990/StatesWhereCopyOfReturnIsFldCd10KY
IRS990/StatesWhereCopyOfReturnIsFldCd11MD
IRS990/StatesWhereCopyOfReturnIsFldCd12MI
IRS990/StatesWhereCopyOfReturnIsFldCd13MN
IRS990/StatesWhereCopyOfReturnIsFldCd14MS
IRS990/StatesWhereCopyOfReturnIsFldCd15NH
IRS990/StatesWhereCopyOfReturnIsFldCd16NJ
IRS990/StatesWhereCopyOfReturnIsFldCd17NM
IRS990/StatesWhereCopyOfReturnIsFldCd18NY
IRS990/StatesWhereCopyOfReturnIsFldCd19NC
IRS990/StatesWhereCopyOfReturnIsFldCd20OK
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IRS990/StatesWhereCopyOfReturnIsFldCd22PA
IRS990/StatesWhereCopyOfReturnIsFldCd23RI
IRS990/StatesWhereCopyOfReturnIsFldCd24SC
IRS990/StatesWhereCopyOfReturnIsFldCd25TN
IRS990/StatesWhereCopyOfReturnIsFldCd26UT
IRS990/StatesWhereCopyOfReturnIsFldCd27VA
IRS990/StatesWhereCopyOfReturnIsFldCd28WV
IRS990/StatesWhereCopyOfReturnIsFldCd29WI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt04600
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0255071
IRS990/TotalAssetsEOYAmt0345638
IRS990/TotalAssetsGrp/BOYAmt0255071
IRS990/TotalAssetsGrp/EOYAmt0345638
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0135686

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