Civic Intelligence

Terris Tears Charitable Trust

990EZ • Fiscal year 2021 • EIN 46-2503371

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 27, 2023

14737 Potterton CircleHudson, FL 34667

(717) 534-0584

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

87th percentile

51%

Higher net margin than 87% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

92nd percentile

140%

Faster asset growth than 92% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

85th percentile

97%

Faster revenue growth than 85% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$18,808

Up $10,986 (+140%) from 2020

Net Assets

$8,958

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$21,744

Up $10,694 (+97%) from 2020

Expenses

Up

$10,758

Up $1,073 (+11%) from 2020

Net Income

Up

$10,986

Up $9,621 (+705%) from 2020

Historical Trend

Balance Sheet Trend

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

$20K$15K$10K$5.0K$0Assets 2014: $5,365Liabilities 2014: $02014Assets 2015: $6,255Liabilities 2015: $02015Assets 2016: $6,271Liabilities 2016: $02016Assets 2017: $8,758Liabilities 2017: $02017Assets 2018: $7,016Liabilities 2018: $02018Assets 2019: $6,457Liabilities 2019: $02019Assets 2020: $7,822Liabilities 2020: $02020Assets 2021: $18,808Liabilities 2021: $0Net Assets 2021: $18,8082021Assets 2021: $18,808Liabilities 2021: $0Net Assets 2021: $8,9582021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2021

Assets$18,808
Liabilities$0
Net Assets$8,958

Operations Trend

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

$30K$20K$10K$0-$10KRevenue 2014: $19,207Expenses 2014: $13,842Net Income 2014: $5,3652014Revenue 2015: $17,126Expenses 2015: $16,236Net Income 2015: $8902015Revenue 2016: $13,498Expenses 2016: $13,482Net Income 2016: $162016Revenue 2017: $14,781Expenses 2017: $12,294Net Income 2017: $2,4872017Revenue 2018: $11,655Expenses 2018: $13,397Net Income 2018: -$1,7422018Revenue 2019: $17,964Expenses 2019: $18,523Net Income 2019: -$5592019Revenue 2020: $11,050Expenses 2020: $9,685Net Income 2020: $1,3652020Revenue 2021: $21,744Expenses 2021: $10,758Net Income 2021: $10,9862021Revenue 2021: $21,744Expenses 2021: $10,758Net Income 2021: $10,9862021Revenue 2022: $331Expenses 2022: $9,289Net Income 2022: -$8,9582022

Highlighted filing

2021

Revenue$21,744
Expenses$10,758
Net Income$10,986
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 27, 2023
Return Version
2021v4.2
Gross Receipts
$13,666
Mission and Program Overview

Mission

Support diabetes research & education

Program Services

DescriptionGrantsExpenses
Support diabetes research, education and treatment$9,000-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marion M BragadoVice President OperationsPT$0--
Mary T BandiniVice President MarketingPT$0--
Vincent J Garofolo JrVice President PromotionsPT$0--
Vincent J GarofoloPresident & CEOPT$0--
Filing and Contact Details

Filer

Filer Name
Terris Tears Charitable Trust
EIN
46-2503371
Address
14737 Potterton Circle, Hudson, FL 34667

Signing Officer

Name
Vincent J Garofolo JR
Title
Vice President
Phone
7175340584
Signed
2023-06-27
Discuss with paid preparer
Yes

Preparer

Firm
Timothy H Myers C P A
Address
PO Box 2931, Ponte Vedra Beach, FL 32004
Preparer
Timothy Myers
Phone
9042734675
Supplemental Narrative

Additional Explanations

Amended return information

The purpose of this amended return is to correctly report revenue for the year 2021. The original return revenue included a $9,850.00 inter-account transfer between two of the taxpayers bank accounts that was inadvertently included in revenue. This amendment results in original revenue being reduced by $9,850.00.

List of grants and similar amounts paid Part I line 10

Activity See description below Grantee American Diabetes Association Amount 3,800Activity See description below Grantee Juvenile Diabetes Research FoundatiAmount 1,200Activity See description below Grantee U of S Florida Diabetes Health CentAmount 4,000The organizations utilize their grants in the pursuit of scientific research and development, education and training along with data collection and analysis while providing medical equipment, medications, supplies and prescription drugs to patients. Their focus is on Type 1 and Type 2 diabetes, raising awareness with managed care, to help those individuals stricken with diabetes. The ultimate goal is to someday find a cure for diabetes.

Description of other expenses Part I line 16

Description AmountFlorida Division of Corporations 61PayPal fees 81Promotional giveaway items 1,118H & R Block meeting 56

Raw XML Appendix152 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AmendedReturnInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0Marion M Bragado
IRS990EZ/BooksInCareOfDetail/PhoneNum07175340584
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt014737 Potterton Circle
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Hudson
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd034667
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt07822
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt08958
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt013662
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01136
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt07822
IRS990EZ/Form990TotalAssetsGrp/EOYAmt08958
IRS990EZ/GrantsAndSimilarAmountsPaidAmt09000
IRS990EZ/GrossReceiptsAmt013666
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt04
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt07822
IRS990EZ/NetAssetsOrFundBalancesEOYAmt08958
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt07822
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt08958
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt315.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Marion M Bragado
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Mary T Bandini
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Vincent J Garofolo Jr
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Vincent J Garofolo
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Vice President Operations
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President Marketing
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President Promotions
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3President & CEO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt01316
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Support diabetes research & education
IRS990EZ/PrintingPublicationsPostageAmt0442
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Support diabetes research, education and treatment
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt09000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt01772
IRS990EZ/SpecialEventsNetIncomeLossAmt0-1772
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0FL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt010758
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt011894
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt09000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt011050
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt017954
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt011646
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt014778
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt064428
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt010
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt032
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99950
IRS990ScheduleA/PublicSupportPY170Pct00.99950
IRS990ScheduleA/PublicSupportTotal170Amt064428
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt09000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt011050
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt017954
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt011646
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt014778
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt064428
IRS990ScheduleA/TotalSupportAmt064460
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The purpose of this amended return is to correctly report revenue for the year 2021. The original return revenue included a $9,850.00 inter-account transfer between two of the taxpayers bank accounts that was inadvertently included in revenue. This amendment results in original revenue being reduced by $9,850.00.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity See description below Grantee American Diabetes Association Amount 3,800Activity See description below Grantee Juvenile Diabetes Research FoundatiAmount 1,200Activity See description below Grantee U of S Florida Diabetes Health CentAmount 4,000The organizations utilize their grants in the pursuit of scientific research and development, education and training along with data collection and analysis while providing medical equipment, medications, supplies and prescription drugs to patients. Their focus is on Type 1 and Type 2 diabetes, raising awareness with managed care, to help those individuals stricken with diabetes. The ultimate goal is to someday find a cure for diabetes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description AmountFlorida Division of Corporations 61PayPal fees 81Promotional giveaway items 1,118H & R Block meeting 56
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Amended return information
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other expenses Part I line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Vincent J Garofolo JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Vice President
ReturnHeader/BusinessOfficerGrp/PhoneNum07175340584
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Terris Tears Charitable Trust
ReturnHeader/Filer/BusinessNameControlTxt0TERR
ReturnHeader/Filer/EIN0462503371
ReturnHeader/Filer/USAddress/AddressLine1Txt014737 Potterton Circle
ReturnHeader/Filer/USAddress/CityNm0Hudson
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd034667
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Timothy H Myers C P A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 2931
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Ponte Vedra Beach
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032004
ReturnHeader/PreparerPersonGrp/PhoneNum09042734675
ReturnHeader/PreparerPersonGrp/PreparationDt02023-06-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Timothy Myers
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-06-27T10:46:48-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Vincent
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Garofolo
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings