Civic Intelligence

Wg and Jb Manson Charitable Trust

990 • Fiscal year 2017 • EIN 46-7497822

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 01, 2018

701 East Commercial BlvdOakland Park, FL 33334

(954) 491-1065

Siviq Scores

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

Liabilities / Assets

16th percentile

0.01x

Higher debt load relative to assets than 16% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

55th percentile

0.28x

Higher debt load relative to revenue than 55% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

26th percentile

-2.9%

Higher net margin than 26% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

14th percentile

$43,817

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 7.1% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

29th percentile

-0.7%

Faster asset growth than 29% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

79th percentile

25%

Faster revenue growth than 79% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Down

$12,734,222

Down $96,150 (-0.7%) from 2016

Net Assets

Up

$12,560,312

Up $86,113 (+0.7%) from 2016

Liabilities

Down

$173,910

Down $182,263 (-51%) from 2016

Revenue

Up

$617,689

Up $124,083 (+25%) from 2016

Expenses

Down

$635,601

Down $26,452 (-4.0%) from 2016

Net Income

Up

-$17,912

Up $150,535 (+89%) from 2016

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2014: $13,738,527Liabilities 2014: $362,460Net Assets 2014: $13,376,0672014Assets 2015: $12,621,047Liabilities 2015: $98,216Net Assets 2015: $12,522,8312015Assets 2016: $12,830,372Liabilities 2016: $356,173Net Assets 2016: $12,474,1992016Assets 2017: $12,734,222Liabilities 2017: $173,910Net Assets 2017: $12,560,3122017Assets 2018: $11,600,179Liabilities 2018: $153,917Net Assets 2018: $11,446,2622018Assets 2019: $12,271,151Liabilities 2019: $116,361Net Assets 2019: $12,154,7902019Assets 2020: $12,095,486Liabilities 2020: $142,296Net Assets 2020: $11,953,1902020Assets 2021: $12,592,228Liabilities 2021: $141,632Net Assets 2021: $12,450,5962021Assets 2022: $11,133,340Liabilities 2022: $169,022Net Assets 2022: $10,964,3182022Assets 2023: $11,251,618Liabilities 2023: $265,594Net Assets 2023: $10,986,0242023Assets 2024: $11,324,030Liabilities 2024: $179,916Net Assets 2024: $11,144,1142024

Highlighted filing

2017

Assets$12,734,222
Liabilities$173,910
Net Assets$12,560,312

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2014: $373,061Expenses 2014: $454,035Net Income 2014: -$80,9742014Revenue 2015: $402,715Expenses 2015: $532,809Net Income 2015: -$130,0942015Revenue 2016: $493,606Expenses 2016: $662,053Net Income 2016: -$168,4472016Revenue 2017: $617,689Expenses 2017: $635,601Net Income 2017: -$17,9122017Revenue 2018: $526,700Expenses 2018: $625,646Net Income 2018: -$98,9462018Revenue 2019: $792,242Expenses 2019: $594,444Net Income 2019: $197,7982019Revenue 2020: $552,738Expenses 2020: $595,652Net Income 2020: -$42,9142020Revenue 2021: $537,223Expenses 2021: $459,665Net Income 2021: $77,5582021Revenue 2022: $427,293Expenses 2022: $530,293Net Income 2022: -$103,0002022Revenue 2023: $641,111Expenses 2023: $675,993Net Income 2023: -$34,8822023Revenue 2024: $585,789Expenses 2024: $654,309Net Income 2024: -$68,5202024

Highlighted filing

2017

Revenue$617,689
Expenses$635,601
Net Income-$17,912
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 1, 2018
Return Version
2017v2.2
Gross Receipts
$2,888,422
Mission and Program Overview

Mission

Provide support to charitable and educational organizations, specifically Huggins Hospital and Wolfeboro Area Children's Center located in Wolfeboro, NH and annual educational scholarships to students at high school in New Jersey.

Provide support to charitable and educational organizations named within the Trust Document.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$12,474,199$12,560,312▲ $86,113
Investments in Publicly Traded Securities$11,843,876$12,343,145▲ $499,269
Savings and Temporary Cash Investments$969,636$367,745▼ $601,891
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$12,830,372$12,734,222▼ $96,150
Other Assets Total$16,860$23,332▲ $6,472
Liabilities
Other Liabilities$356,173$152,022▼ $204,151
Accounts Payable and Accrued Expenses-$21,888-
Total Liabilities$356,173$173,910▼ $182,263
Net Assets / Fund Balance
Total Net Assets Fund Balance$12,474,199$12,560,312▲ $86,113
Total Liabilities and Net Assets / Fund Balance$12,830,372$12,734,222▼ $96,150
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Barbara J JagusztynTrusteePT$43,817$43,817
Richard J JagusztynTrusteePT$43,817$43,817
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$617,689
Other Revenue
$0
Change in Net Assets
$-17,912
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$538,162
Salaries, Compensation, and Employee Benefits$87,634
Other Expenses$9,805
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$533,162--$533,162
Current Officers, Directors, Trustees, and Key Employees-$87,634-$87,634
Fees for Services Accounting-$8,267-$8,267
Grants to Domestic Individuals$5,000--$5,000
Other Expenses-$188-$188
Total Functional Expenses$538,162$97,439$0$635,601
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Huggins HospitalWolfeboro, NH-Pursuant to Terms in Charitable Tr$266,581
Wolfeboro Area Childrens CenWolfeboro, NH-Pursuant to Terms of Charitable Tr$266,581
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Distributions -accrued$152,022
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

The trustees are husband and wife. The trustees also own a cpa firm together.

Form 990, Part VI, Line 11B: Form 990 Review Process

After the form 990 is prepared by co-trustee barbara jagusztyn, it will be reviewed by co-trustee richard jagusztyn. Any questions about the preparation or it's contents will be resolved prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Trustees must sign the conflict of interest policy prior to the filing of the tax return.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Trustees receive trustee fees which are based upon local trustee comparability data.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Trustees receive trustee fees which are based upon local trustee comparability data.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Wg and Jb Manson Charitable Tr
EIN
46-7497822
Phone
9544911065
Address
701 EAST COMMERCIAL BLVD, OAKLAND PARK, FL 33334

Signing Officer

Name
Richard Jagusztyn
Title
Co-ttee
Signed
2018-06-01
Discuss with paid preparer
Yes

Organization Details

Formed
2014
Legal Domicile
Fl
Voting Board Members
2
Independent Board Members
2
Employees
0

Preparer

Firm
Jagusztyn & Jagusztyn PA
Address
701 East Commercial Blvd200, Ft Lauderdale, FL 33334
Preparer
Richard Jagusztynmstcpa
Phone
9544911065
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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/Form990ScheduleAPartVIGrp/ExplanationTxt0THE TRUSTEES MEET WITH KEY OFFICERS OF THE SUPPORTED ORGANIZATIONS ON A PERIODIC BASIS TO UNDERSTANDS THE NEEDS OF THE SUPPORTED ORGANIZATIONS AND THE USES OF DONATIONS RECEIVED FROM THIS CHARITABLE TRUST. IN BETWEEN MEETINGS THE TRUSTEES REVIEW FINANCIAL STATEMENTS AND TAX RETURNS TO BETTER UNDERSTAND THEIR OPERATIONS AND NEEDS. EMAIL AND PHONE CONTACT IS USED TO ASK SPECIFIC QUESTIONS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THIS CHARITABLE TRUST FURTHERED THE EXEMPT PURPOSES OF THE SUPPORTED ORGANIZATIONS BY PROVIDING FUNDING FOR KEY EXEMPT PURPOSE PROGRAMS.SEE 990 PART III, LINE 1, FOR SUPPORTED ORGANIZATIONS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part IV, Section D, Line 2: Organizaiton Maintained A Relationship with Supported Orgs.
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IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd1false
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IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd12
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IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0HUGGINS HOSPITAL
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1WOLFEBORO AREA CHILDRENS CENTER I
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IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0152022
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DISTRIBUTIONS -ACCRUED
IRS990ScheduleD/TotalLiabilityAmt0152022
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IRS990ScheduleI/RecipientTable/CashGrantAmt0266581
IRS990ScheduleI/RecipientTable/CashGrantAmt1266581
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PURSUANT TO TERMS IN CHARITABLE TR
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1PURSUANT TO TERMS OF CHARITABLE TR
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0HUGGINS HOSPITAL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1WOLFEBORO AREA CHILDRENS CEN
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1180 S MAIN STREET
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION REVIEWS FINANCIAL STATEMENTS AND REPORTS OF GRANT RECIPIENTS. THERE ARE FOLLOW UP FIELD INVESTIGATIONS WITH THE GRANT RECIPIENTS TO ENSURE FUNDS ARE USED FOR PROPER PURPOSES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
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IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TRUSTEES ARE HUSBAND AND WIFE. THE TRUSTEES ALSO OWN A CPA FIRM TOGETHER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AFTER THE FORM 990 IS PREPARED BY CO-TRUSTEE BARBARA JAGUSZTYN, IT WILL BE REVIEWED BY CO-TRUSTEE RICHARD JAGUSZTYN. ANY QUESTIONS ABOUT THE PREPARATION OR IT'S CONTENTS WILL BE RESOLVED PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRUSTEES MUST SIGN THE CONFLICT OF INTEREST POLICY PRIOR TO THE FILING OF THE TAX RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TRUSTEES RECEIVE TRUSTEE FEES WHICH ARE BASED UPON LOCAL TRUSTEE COMPARABILITY DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TRUSTEES RECEIVE TRUSTEE FEES WHICH ARE BASED UPON LOCAL TRUSTEE COMPARABILITY DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt012830372
IRS990/TotalAssetsEOYAmt012734222
IRS990/TotalAssetsGrp/BOYAmt012830372
IRS990/TotalAssetsGrp/EOYAmt012734222
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt097439
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0538162
IRS990/TotalFunctionalExpensesGrp/TotalAmt0635601
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0356173
IRS990/TotalLiabilitiesEOYAmt0173910
IRS990/TotalLiabilitiesGrp/BOYAmt0356173
IRS990/TotalLiabilitiesGrp/EOYAmt0173910
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt012474199
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt012560312
IRS990/TotalProgramServiceExpensesAmt0538162
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt087634
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0617689
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0617689
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt012830372
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt012734222
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD JAGUSZTYN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO-TTEE
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-06-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WG AND JB MANSON CHARITABLE TR
ReturnHeader/Filer/BusinessNameControlTxt0WGAN
ReturnHeader/Filer/EIN0467497822
ReturnHeader/Filer/PhoneNum09544911065
ReturnHeader/Filer/USAddress/AddressLine1Txt0701 EAST COMMERCIAL BLVD
ReturnHeader/Filer/USAddress/CityNm0OAKLAND PARK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033334
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0650003251
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Jagusztyn & Jagusztyn PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0701 East Commercial Blvd200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Ft Lauderdale
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033334
ReturnHeader/PreparerPersonGrp/PhoneNum09544911065
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD JAGUSZTYNMSTCPA
ReturnHeader/ReturnTs02018-06-01T08:12:31-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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