Civic Intelligence

Treasured Vessels Foundation

990EZ • Fiscal year 2018 • EIN 46-3947870

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 10, 2019

PO Box 2256Frisco, TX 75034

(214) 507-5050

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

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

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

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

Net Margin

92nd percentile

53%

Higher net margin than 92% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

93rd percentile

149%

Faster asset growth than 93% of similar nonprofits.

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

Revenue Growth

93rd percentile

106%

Faster revenue growth than 93% of similar nonprofits.

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

Assets

Up

$156,369

Up $93,493 (+149%) from 2017

Net Assets

Up

$155,049

Up $92,173 (+147%) from 2017

Liabilities

Up

$1,320

Up $1,320 from 2017

Revenue

Up

$179,649

Up $92,279 (+106%) from 2017

Expenses

Up

$84,221

Up $9,141 (+12%) from 2017

Net Income

Up

$95,428

Up $83,138 (+676%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2016: $50,586Liabilities 2016: $0Net Assets 2016: $50,5862016Assets 2017: $62,876Liabilities 2017: $0Net Assets 2017: $62,8762017Assets 2018: $156,369Liabilities 2018: $1,320Net Assets 2018: $155,0492018Assets 2019: $245,009Liabilities 2019: $8,437Net Assets 2019: $236,5722019Assets 2020: $406,903Liabilities 2020: $37,973Net Assets 2020: $368,9302020Assets 2021: $761,027Liabilities 2021: $265,476Net Assets 2021: $495,5512021Assets 2022: $815,837Liabilities 2022: $259,883Net Assets 2022: $555,9542022Assets 2023: $667,591Liabilities 2023: $217,463Net Assets 2023: $450,1282023Assets 2024: $826,270Liabilities 2024: $214,183Net Assets 2024: $612,0872024

Highlighted filing

2018

Assets$156,369
Liabilities$1,320
Net Assets$155,049

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2016: $84,580Expenses 2016: $33,994Net Income 2016: $50,5862016Revenue 2017: $87,370Expenses 2017: $75,080Net Income 2017: $12,2902017Revenue 2018: $179,649Expenses 2018: $84,221Net Income 2018: $95,4282018Revenue 2019: $230,449Expenses 2019: $148,926Net Income 2019: $81,5232019Revenue 2020: $543,344Expenses 2020: $408,248Net Income 2020: $135,0962020Revenue 2021: $744,355Expenses 2021: $617,734Net Income 2021: $126,6212021Revenue 2022: $792,625Expenses 2022: $688,733Net Income 2022: $103,8922022Revenue 2023: $635,941Expenses 2023: $741,767Net Income 2023: -$105,8262023Revenue 2024: $512,370Expenses 2024: $352,433Net Income 2024: $159,9372024

Highlighted filing

2018

Revenue$179,649
Expenses$84,221
Net Income$95,428
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 10, 2019
Return Version
2018v3.1
Gross Receipts
$196,320
Mission and Program Overview

Mission

Treasured Vessels Foundation is devoted to providing a long-term safe place for healing and growth to individuals impacted by trauma from exploitation in sex trafficking. The Foundation aims to provide these services through building shelters, therapy as part of the healing process and restoring hope for the future. The Foundation officially began program operations in November 2019.

To build residential treatment facilities for underage girls rescued from sex trafficking.

Program Services

DescriptionGrantsExpenses
IN 2018, WE STARTED CONSTRUCTION OF A SECURE TINY HOME COMMUNITY IN NORTH TEXAS THAT WILL OPERATE AS A RESIDENTIAL TREATMENT CENTER FOR YOUTH AND MINORS RESCUED FROM SEX TRAFFICKING AND SEXUAL EXPLOITATION. THE STATE OF TEXAS HAS APPROXIMATELY 79,000 MINORS AND YOUTH VICTIMS IN SEX TRAFFICKING. IN DALLAS, 400 UNDERAGE GIRLS ARE SOLD FOR SEX EACH NIGHT; NORTH TEXAS HAS ZERO BEDS FOR TRAFFICKED CHILDREN TO HEAL LONG-TERM.$9,324-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ALICIA BUSHCEO & PresidentFT$0--
DAVID BECKETTDirector-$0--
DAVID POTENZADirector-$0--
JAMES EDGERTONDirector-$0--
DUGAN KELLEYDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Concert$54,622$12,040$3,554$8,486
Total Events$54,622$12,040$16,671$-4,631
Governance and Compliance

Governance Explanations

Form 990, Part VIII Income From Fundraising Events

The net economic benefit from our fundraising event is calculated as follows:Contributions from fundraising event reported on Part I, line 6b $ 42,582Gross income from fundraising event reported on Part I, line 6b 12,040Less: Direct costs of event reported on part I, Line 6c (16,671) Net economic benefit of fundraising event $ 37,951

Filing and Contact Details

Filer

Filer Name
Treasured Vessels Foundation
EIN
46-3947870
Phone
2145075050
Address
PO BOX 2256, FRISCO, TX 75034

Signing Officer

Name
Alicia Bush
Title
CEO
Signed
2019-10-10
Discuss with paid preparer
Yes

Preparer

Firm
Sutton Frost Cary LLP
Address
600 Six Flags Dr Suite 600, Arlington, TX 76011
Preparer
Amy Michie
Phone
8176498083
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $3451

Other Expenses.1005

Travel $1058

Other Expenses.1012

Insurance $2372

Other Expenses.1

PUBLIC AWARENESS $9324

Other Expenses.2

OTHER $2968

Other Expenses.3

TRANSACTION FEES $2335

Other Expenses.4

SPECIAL EVENTS $1630

Other Expenses.5

MERCHANDISE $1396

Other Assets.1002

Furniture and Fixtures - Beginning $0 Furniture and Fixtures - Ending $100

Other Assets.1

Construction In Progress - Beginning $0 Construction In Progress - Ending $31562

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $1320

Raw XML Appendix179 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.

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IRS990EZ/PrimaryExemptPurposeTxt0TO BUILD RESIDENTIAL TREATMENT FACILITIES FOR UNDERAGE GIRLS RESCUED FROM SEX TRAFFICKING.
IRS990EZ/ProgramServiceRevenueAmt0735
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0IN 2018, WE STARTED CONSTRUCTION OF A SECURE TINY HOME COMMUNITY IN NORTH TEXAS THAT WILL OPERATE AS A RESIDENTIAL TREATMENT CENTER FOR YOUTH AND MINORS RESCUED FROM SEX TRAFFICKING AND SEXUAL EXPLOITATION. THE STATE OF TEXAS HAS APPROXIMATELY 79,000 MINORS AND YOUTH VICTIMS IN SEX TRAFFICKING. IN DALLAS, 400 UNDERAGE GIRLS ARE SOLD FOR SEX EACH NIGHT; NORTH TEXAS HAS ZERO BEDS FOR TRAFFICKED CHILDREN TO HEAL LONG-TERM.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $3451
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $1058
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $2372
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PUBLIC AWARENESS $9324
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER $2968
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TRANSACTION FEES $2335
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SPECIAL EVENTS $1630
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MERCHANDISE $1396
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Furniture and Fixtures - Beginning $0 Furniture and Fixtures - Ending $100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Construction In Progress - Beginning $0 Construction In Progress - Ending $31562
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $1320
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11The net economic benefit from our fundraising event is calculated as follows:Contributions from fundraising event reported on Part I, line 6b $ 42,582Gross income from fundraising event reported on Part I, line 6b 12,040Less: Direct costs of event reported on part I, Line 6c (16,671) Net economic benefit of fundraising event $ 37,951
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Assets.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Total Liabilities.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11FORM 990, PART VIII INCOME FROM FUNDRAISING EVENTS
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ALICIA BUSH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-10-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TREASURED VESSELS FOUNDATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FKA CHOSEN FAMILY
ReturnHeader/Filer/BusinessNameControlTxt0TREA
ReturnHeader/Filer/EIN0463947870
ReturnHeader/Filer/PhoneNum02145075050
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ReturnHeader/Filer/USAddress/ZIPCd075034
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0752593210
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0600 Six Flags Dr Suite 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Arlington
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076011
ReturnHeader/PreparerPersonGrp/PhoneNum08176498083
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Amy Michie
ReturnHeader/ReturnTs02019-10-10T10:14:28-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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