Civic Intelligence

Throckmorton

990 • Fiscal year 2015 • EIN 46-5583521

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 14, 2016

600 EmbarcaderoSan Francisco, CA 94107

(415) 957-9800

Siviq Scores

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

Liabilities / Assets

71st percentile

0.05x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2015

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2015

Top Officer Pay

100th percentile

$474,271

Higher top officer pay than 100% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

5th percentile

-72%

Faster asset growth than 5% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$388,217

Down $983,613 (-72%) from 2014

Net Assets

Down

$370,217

Down $1,001,193 (-73%) from 2014

Liabilities

Up

$18,000

Up $17,580 (+4186%) from 2014

Revenue

Down

$0

Down $2,027,586 (-100%) from 2014

Expenses

Up

$1,001,193

Up $345,017 (+53%) from 2014

Net Income

Down

-$1,001,193

Down $2,372,603 (-173%) from 2014

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2014: $1,371,830Liabilities 2014: $420Net Assets 2014: $1,371,4102014Assets 2015: $388,217Liabilities 2015: $18,000Net Assets 2015: $370,2172015Assets 2016: $87,850,959Liabilities 2016: $589,630Net Assets 2016: $87,261,3292016Assets 2017: $96,492,860Liabilities 2017: $821,095Net Assets 2017: $95,671,7652017Assets 2018: $99,523,924Liabilities 2018: $1,092,204Net Assets 2018: $98,431,7202018Assets 2019: $110,530,015Liabilities 2019: $1,201,130Net Assets 2019: $109,328,8852019Assets 2020: $123,585,037Liabilities 2020: $1,332,130Net Assets 2020: $122,252,9072020Assets 2021: $137,287,626Liabilities 2021: $1,663,153Net Assets 2021: $135,624,4732021Assets 2022: $116,269,781Liabilities 2022: $1,749,630Net Assets 2022: $114,520,1512022Assets 2023: $119,124,455Liabilities 2023: $2,063,680Net Assets 2023: $117,060,7752023Assets 2024: $118,397,449Liabilities 2024: $2,106,648Net Assets 2024: $116,290,8012024

Highlighted filing

2015

Assets$388,217
Liabilities$18,000
Net Assets$370,217

Operations Trend

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

$100M$50M$0-$50MRevenue 2014: $2,027,586Expenses 2014: $656,176Net Income 2014: $1,371,4102014Revenue 2015: $0Expenses 2015: $1,001,193Net Income 2015: -$1,001,1932015Revenue 2016: $85,481,040Expenses 2016: $1,797,402Net Income 2016: $83,683,6382016Revenue 2017: $4,712,637Expenses 2017: $1,852,827Net Income 2017: $2,859,8102017Revenue 2018: $3,025,067Expenses 2018: $2,329,260Net Income 2018: $695,8072018Revenue 2019: $6,339,298Expenses 2019: $1,371,338Net Income 2019: $4,967,9602019Revenue 2020: $7,877,745Expenses 2020: $4,932,999Net Income 2020: $2,944,7462020Revenue 2021: $9,523,795Expenses 2021: $5,121,286Net Income 2021: $4,402,5092021Revenue 2022: $1,258,810Expenses 2022: $5,838,868Net Income 2022: -$4,580,0582022Revenue 2023: $4,366,620Expenses 2023: $6,776,573Net Income 2023: -$2,409,9532023Revenue 2024: $5,108,989Expenses 2024: $8,604,334Net Income 2024: -$3,495,3452024

Highlighted filing

2015

Revenue$0
Expenses$1,001,193
Net Income-$1,001,193
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 14, 2016
Return Version
2015v2.1
Gross Receipts
$0
Mission and Program Overview

Mission

see schedule o

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,371,830$388,217▼ $983,613
Rtn Earn Endowment Incm Other Fnds$1,371,410$370,217▼ $1,001,193
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,371,830$388,217▼ $983,613
Liabilities
Accounts Payable and Accrued Expenses$420$18,000▲ $17,580
Total Liabilities$420$18,000▲ $17,580
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,371,410$370,217▼ $1,001,193
Total Liabilities and Net Assets / Fund Balance$1,371,830$388,217▼ $983,613
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Mimi H SilbertPresident / CEO$312,500$161,771$474,271
Jerry RaymondSecretary-treasurer$81,268$78,154$159,422
Abe IrizarryVice President$81,268$73,134$154,402

Board Members and Trustees

NameTitle
David Silbertdirector / chair
Barbara SklarDirector
Danny WeinsteinDirector
Greg SilbertDirector
Jack ScottDirector
Peter PalmisanoDirector
Susan Margolis BalkDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-1,001,193
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$996,655
Other Expenses$4,538
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$409,199--$409,199
Other Salaries and Wages$325,072--$325,072
Pension Plan Contributions$130,000--$130,000
Other Employee Benefits$92,800--$92,800
Payroll Taxes$39,584--$39,584
Fees for Services Other$4,182--$4,182
Other Expenses$356--$356
Total Functional Expenses$1,001,193$0$0$1,001,193
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

Mimi Silbert, David Silbert, and Greg Silbert have a family relationship.

Form 990, Part VI, Section B, line 11

A copy of the final Form 990 is sent to each board member before it is filed. Any questions or comments are addressed, and if appropriate, changes are incorporated into the tax return before filing.

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

The board of directors monitors and enforces conflict of interest situations as they arise and in accordance with policy.

Form 990, Part VI, Section B, line 15

the organization's process for determining compensation included a review by independent persons, comparability data and an opinion by an independent compensation consultant and contemporaneous substantiation of the deliberation and the decision. the organization has written employment contracts with all officers.

Form 990, Part VI, Section C, line 19

The organization does not make its governing documnets, conflict of interest policy, or financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
Throckmorton
EIN
46-5583521
Phone
4159579800
Address
600 Embarcadero, San Francisco, CA 94107
Doing Business As
Delancey Street Foundation

Signing Officer

Name
Jerry Raymond
Title
Secretary/treasurer
Phone
4159579800
Signed
2016-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mimi H Silbert
Formed
2014
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
5
Volunteers
0

Preparer

Firm
Deloitte Tax Llp
Address
555 MISSION STREET, SAN FRANCISCO, CA 94105
Preparer
joan s mcmahon
Phone
4157834000
Supplemental Narrative

Additional Explanations

PART I, LINE 1, ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES:

Provide centralized management for supported organizations the organization is operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of delancey street california, delancey street/new mexico inc., delancey street north carolina, and south carolina strong. Each of these supported organziations is a 501(c)(3) organization.

PART III, LINE 1, ORGANIZATION'S MISSION STATEMENT:

The organization is operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of delancey street california, delancey street/new mexico inc. Delancey street north carolina, and south carolina strong. Each of these supported organziations is a 501(c)(3) organization.

TANGIBLE PROPERTY REGULATIONS ELECTION STATEMENT:

Section 1.263(a)-1(f) de minimis safe harbor election taxpayer is making the de minimis safe harbor election under treas. Reg. 1.263(a)-1(f) for all eligible amounts paid or incurred during the taxable year. Section 1.263(a)-3(n) capitalization election taxpayer hereby elects to capitalize repair and maintenance costs under treas. Reg. 1.263(a)-3(n). The costs were incurred during the taxable year in the electing taxpayer's trade or business and the electing taxpayer treats such costs as capital expenditures on its books and records.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0South Carolina Strong (EIN: 77-0661828), a 501(c)(3) organization, was added as a supported organization by action of the board of directors in accordance with the filing organization's organizing documents in order to provide centralized management of a related drug rehabilitation program.
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IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt30
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt30
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0DELANCEY STREET CALIFORNIA
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1DELANCEY STREET NEW MEXICO INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2DELANCEY STREET NORTH CAROLINA
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt3SOUTH CAROLINA STRONG
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IRS990/ScheduleBRequiredInd00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
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IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
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IRS990ScheduleJ/IndependentConsultantInd0X
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt281268
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt124000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt224000
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt149134
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt254154
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MIMI H SILBERT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1ABE IRIZARRY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2JERRY RAYMOND
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT / CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2SECRETARY-TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0474271
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1154402
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2159422
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
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IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0amounts included in nontaxable benefits include the estimated value of meals and lodging provided on behalf of throckmorton dba delancey street foundation at an affiliates's residential rehabilitation facility as a condition of employment and excluded from income under internal revenue code section 119.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1the organization's process for determining compensation included a review by independent persons, comparability data and an opinion by an independent compensation consultant and contemporaneous substantiation of the deliberation and the decision. the organization has written employment contracts with all officers.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt2AMOUNTS INCLUDED IN NONTAXABLE BENEFITS INCLUDE THE ESTIMATED VALUE OF MEALS AND LODGING PROVIDED ON BEHALF OF THROCKMORTON DBA DELANCEY STREET FOUNDATION AT AN AFFILIATES'S RESIDENTIAL REHABILITATION FACILITY AS A CONDITION OF EMPLOYMENT AND EXCLUDED FROM INCOME UNDER INTERNAL REVENUE CODE SECTION 119.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 1a
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, Line 3
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc2PART II COLUMN D: NONTAXABLE BENEFITS
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Mimi Silbert, David Silbert, and Greg Silbert have a family relationship.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A copy of the final Form 990 is sent to each board member before it is filed. Any questions or comments are addressed, and if appropriate, changes are incorporated into the tax return before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS MONITORS AND ENFORCES CONFLICT OF INTEREST SITUATIONS AS THEY ARISE AND IN ACCORDANCE WITH POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3the organization's process for determining compensation included a review by independent persons, comparability data and an opinion by an independent compensation consultant and contemporaneous substantiation of the deliberation and the decision. the organization has written employment contracts with all officers.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMNETS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROVIDE CENTRALIZED MANAGEMENT FOR SUPPORTED ORGANIZATIONS THE ORGANIZATION IS OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF DELANCEY STREET CALIFORNIA, DELANCEY STREET/NEW MEXICO INC., DELANCEY STREET NORTH CAROLINA, AND SOUTH CAROLINA STRONG. EACH OF THESE SUPPORTED ORGANZIATIONS IS A 501(C)(3) ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION IS OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF DELANCEY STREET CALIFORNIA, DELANCEY STREET/NEW MEXICO INC. DELANCEY STREET NORTH CAROLINA, AND SOUTH CAROLINA STRONG. EACH OF THESE SUPPORTED ORGANZIATIONS IS A 501(C)(3) ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION TAXPAYER IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER TREAS. REG. 1.263(A)-1(F) FOR ALL ELIGIBLE AMOUNTS PAID OR INCURRED DURING THE TAXABLE YEAR. SECTION 1.263(A)-3(N) CAPITALIZATION ELECTION TAXPAYER HEREBY ELECTS TO CAPITALIZE REPAIR AND MAINTENANCE COSTS UNDER TREAS. REG. 1.263(A)-3(N). THE COSTS WERE INCURRED DURING THE TAXABLE YEAR IN THE ELECTING TAXPAYER'S TRADE OR BUSINESS AND THE ELECTING TAXPAYER TREATS SUCH COSTS AS CAPITAL EXPENDITURES ON ITS BOOKS AND RECORDS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART I, LINE 1, ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6PART III, LINE 1, ORGANIZATION'S MISSION STATEMENT:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7TANGIBLE PROPERTY REGULATIONS ELECTION STATEMENT:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
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IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0THROCKMORTON DBA DELANCEY STREET FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1THROCKMORTON DBA DELANCEY STREET FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2THROCKMORTON DBA DELANCEY STREET FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3THROCKMORTON DBA DELANCEY STREET FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0DELANCEY STREET CALIFORNIA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1DELANCEY STREET NEW MEXICO INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2DELANCEY STREET NORTH CAROLINA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3SOUTH CAROLINA STRONG
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0237102690
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)

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