Civic Intelligence

Ga Telesis Charitable Fund Inc.

990 • Fiscal year 2022 • EIN 47-1719462

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 23, 2023

1850 NW 49th StreetFort Lauderdale, FL 33309

(954) 676-3111

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

31st percentile

0.00x

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

41st percentile

1.6%

Higher net margin than 41% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

86th percentile

48%

Faster asset growth than 86% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

95th percentile

260%

Faster revenue growth than 95% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$38,281

Up $12,364 (+48%) from 2021

Net Assets

Up

$38,281

Up $12,364 (+48%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$792,702

Up $572,718 (+260%) from 2021

Expenses

Up

$780,338

Up $548,893 (+237%) from 2021

Net Income

Up

$12,364

Up $23,825 (+208%) from 2021

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2015: $4,769Liabilities 2015: $02015Assets 2016: $3,157Liabilities 2016: $02016Assets 2017: $2,907Liabilities 2017: $0Net Assets 2017: $2,9072017Assets 2018: $28,479Liabilities 2018: $0Net Assets 2018: $28,4792018Assets 2019: $49,045Liabilities 2019: $0Net Assets 2019: $49,0452019Assets 2020: $37,378Liabilities 2020: $0Net Assets 2020: $37,3782020Assets 2021: $25,917Liabilities 2021: $0Net Assets 2021: $25,9172021Assets 2022: $38,281Liabilities 2022: $0Net Assets 2022: $38,2812022Assets 2023: $45,862Liabilities 2023: $0Net Assets 2023: $45,8622023Assets 2024: $27,258Liabilities 2024: $0Net Assets 2024: $27,2582024

Highlighted filing

2022

Assets$38,281
Liabilities$0
Net Assets$38,281

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2015: $69,711Expenses 2015: $64,942Net Income 2015: $4,7692015Revenue 2016: $192,865Expenses 2016: $194,477Net Income 2016: -$1,6122016Revenue 2017: $213,404Expenses 2017: $213,654Net Income 2017: -$2502017Revenue 2018: $361,448Expenses 2018: $335,876Net Income 2018: $25,5722018Revenue 2019: $387,604Expenses 2019: $367,038Net Income 2019: $20,5662019Revenue 2020: $343,344Expenses 2020: $355,011Net Income 2020: -$11,6672020Revenue 2021: $219,984Expenses 2021: $231,445Net Income 2021: -$11,4612021Revenue 2022: $792,702Expenses 2022: $780,338Net Income 2022: $12,3642022Revenue 2023: $652,454Expenses 2023: $644,873Net Income 2023: $7,5812023Revenue 2024: $548,402Expenses 2024: $567,006Net Income 2024: -$18,6042024

Highlighted filing

2022

Revenue$792,702
Expenses$780,338
Net Income$12,364
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 23, 2023
Return Version
2022v5.0
Gross Receipts
$792,702
Mission and Program Overview

Mission

Raising funds for donation to charitable organizations

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$25,917$38,281▲ $12,364
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$25,917$38,281▲ $12,364
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$25,917$38,281▲ $12,364
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$25,917$38,281▲ $12,364
Total Liabilities and Net Assets / Fund Balance$25,917$38,281▲ $12,364
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cathy MoaberyChair
Abdol MoaberyDirector and Secretary
Andrew TouttDirector and Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$792,702
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$28,702
Change in Net Assets
$12,364
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$774,251
Other Expenses$6,087
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$774,251--$774,251
Office Expenses$2,721--$2,721
Advertising$2,105--$2,105
Other Expenses-$1,154-$1,154
Fees for Services Legal$107--$107
Total Functional Expenses$779,184$1,154$0$780,338
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Wings Club Foundation(Scholarship Fund)Dallas, TX501(c)(3)Scholarship Fund$207,700
Boca Raton Regional Hospital FoundationBoca Raton, FL501(c)(3)Charity Golf Tournament Sponsor$105,000
College Football Playoff Foundation IncIrving, TX501(c)(3)Extra Yard For Teachers$90,000
American Red CrossWashington, DC501(c)(3)General Operations$35,000
American Cancer SocietyKennesaw, GA, CA501(c)(3)General Operations$28,600
American Heart SocietyDallas, TX, CA501(c)(3)General Operations$25,000
Jet Blue FoundationLouisville, KY501(c)(3)Charity Golf Tournament$25,000
Frontier Airlines Folds of Honor ScholarshipOwasso, OK501(c)(3)General Operations$20,605
FAU Foundation Scholarship TournamentsFort Pierce, FL501(c)(3)Charity Golf Tournament$20,000
K9 for WarriorsDallas, TX501(c)(3)General Operations$20,000
Seal MuseumNew York, NY501(c)(3)General Operations$15,000
Breast Cancer Eradication Initiative-501(c)(3)General Operations$13,000
Air Canada FoundationLong Island City, NY501(c)(3)Charity Golf Tournament$12,293
2022 SFL Golf ISTAT Foundation 2204Memphis, TN501(c)(3)General Operations$10,000
United Airlines We Care Employee Relief FundChicago, IL501(c)(3)Employee Relief Fund$10,000
BreastCancerorgArdmore, PA501(c)(3)General Operations$9,000
Delta Employee & Retiree Care FundCircle Tampa, FL501(c)(3)Delta Golf Tournament Sponsor$8,495
Ronald McDonald House CharitiesPlantation, FL501(c)(3)General Operations$8,100
Employee Assistance Fund for Alaska AirlinesSeatac, WA501(c)(3)General Operations$7,500
Korsair CharitiesRaton, FL501(c)(3)General Operations$7,500
United Way of Metropolitan Dallas-501(c)(3)General Operations$7,500
ISTAT FoundationVedra, FL501(c)(3)General Operations$6,650
St Jude Childrens Research HospitalGermantown, TN501(c)(3)General Operations$6,641
Big Brothers Big Sisters of KentuckianaLouisville, KY501(c)(3)General Operations$6,000
United Way of Canada CentraideChicago, IL501(c)(3)General Operations$5,095
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
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
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 A, LINE 2:

Cathy and abdol moabery are married.

FORM 990, PART VI, SECTION B, LINE 11B:

The form 990 is reviewed by the accounting department and the members of the board.

FORM 990, PART VI, SECTION C, LINE 19:

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

Filing and Contact Details

Filer

Filer Name
GA Telesis Charitable Fund Inc
EIN
47-1719462
In Care Of
% MATTHEW REILLY
Phone
9546763111
Address
1850 NW 49th Street, Fort Lauderdale, FL 33309

Signing Officer

Name
Cathy Moabery
Title
Chair
Phone
9546763111
Signed
2023-08-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cathy Moabery
Formed
2015
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Bdo USA
Address
225 NE MIZNER BLVD SUITE 685, BOCA RATON, FL 33432
Preparer
Jacob Cook
Phone
5619092100
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IRS990ScheduleA/FactsAndCircumstancesTestTxt010% FACTS AND CIRCUMSTANCES TEST THIS STATEMENT IS ATTACHED IN ACCORDANCE WITH THE INSTRUCTIONS FOR SCHEDULE A (FORM 990) REGARDING AN ORGANIZATION THAT BELIEVES IT IS PUBLICLY SUPPORTED ACCORDING TO APPLICABLE REGULATIONS. TREAS. REG. SEC. 1.170A-9(F)(3) PROVIDES THAT AN ORGANIZATION MAY BE TREATED AS "PUBLICLY SUPPORTED" UNDER THE FACTS AND CIRCUMSTANCES TEST EVEN IF IT FAILS TO MEET THE 33 1/3 PERCENT MECHANICAL TEST. UNDER THE FACTS AND CIRCUMSTANCES TEST, AN ORGANIZATION WILL BE TREATED AS PUBLICLY SUPPORTED IF IT NORMALLY RECEIVES A SUBSTANTIAL PART OF ITS SUPPORT FROM GOVERNMENTAL UNITS, FROM DIRECT OR INDIRECT CONTRIBUTIONS FROM THE GENERAL PUBLIC, OR FROM A COMBINATION OF THESE SOURCES, AND MEETS CERTAIN OTHER REQUIREMENTS. THE PERTINENT FACTORS SET FORTH IN THE REGULATIONS ARE DISCUSSED BELOW: I) ATTRACTION OF PUBLIC SUPPORT GA TELESIS CHARITABLE FUND INC. ("ORGANIZATION") IS ORGANIZED AND OPERATED TO ATTRACT NEW AND ADDITIONAL PUBLIC SUPPORT ON A CONTINUOUS BASIS. ORGANIZATION MAINTAINS A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC, COMMUNITY, AND MEMBERSHIP GROUPS INVOLVED. II) PERCENTAGE OF FINANCIAL SUPPORT UNDER THE REGULATIONS, THE HIGHER THE PERCENTAGE OF SUPPORT ABOVE THE 10% REQUIREMENT FROM PUBLIC SOURCES THE LESSER WILL BE THE BURDEN OF ESTABLISHING THE PUBLICLY SUPPORTED NATURE OF THE ORGANIZATION THROUGH OTHER FACTORS. THE THREE YEAR AVERAGE PERCENTAGE OF SUPPORT RECEIVED FROM THE GENERAL PUBLIC ENDING DECEMBER 31, 2022 IS 15%. III) SOURCES OF SUPPORT ORGANIZATION EXCEEDS THE 10% MINIMUM THRESHOLD BY DERIVING SUPPORT FROM NUMEROUS UNRELATED INDIVIDUALS AND CORPORATE CONTRIBUTORS, RATHER THAN RECEIVING ALMOST ALL OF ITS SUPPORT FROM THE MEMBERS OF A SINGLE SOURCE. THE ORGANIZATION ALSO RECEIVES NUMEROUS CONTRIBUTIONS FROM THE EMPLOYEES OF GA TELESIS, A RELATED ORGANIZATION. ORGANIZATION'S ACTIVITIES APPEAL TO A BROAD CROSS-SECTION OF PERSONS WHO ARE INTERESTED IN SUPPORTING CHARITIES IN THE GREATER MIAMI AREA AND NATIONWIDE. ORGANIZATION DOES NOT LIMIT ITS ACTIVITIES TO ACTIVITIES WHICH APPEAL TO A LIMITED NUMBER OF PERSONS. IV) REPRESENTATIVE GOVERNING BODY ORGANIZATION HAS A GOVERNING BODY REPRESENTATIVE OF THE BROAD INTERESTS OF THE PUBLIC, HAVING SPECIAL KNOWLEDGE OR EXPERTISE IN THE PARTICULAR FIELD IN WHICH THE ORGANIZATION OPERATES. V) AVAILABILITY OF PUBLIC FACILITIES OR SERVICES; PUBLIC PARTICIPATION IN PROGRAMS OR POLICIES ORGANIZATION PROVIDES SUPPORT THROUGH GRANTS DIRECTLY FOR THE BENEFIT OF THE GENERAL PUBLIC ON A CONTINUING BASIS, INCLUDING AWARDING AND ADMINISTIRING GRANTS TO CHARITIES IN THE GREATER MIAMI AREA AND NATIONWIDE.
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0435077
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IRS990ScheduleI/RecipientTable/ForeignAddress/AddressLine1Txt0116 Albert St 900
IRS990ScheduleI/RecipientTable/ForeignAddress/AddressLine1Txt17373 COTE VERTU BOUL
IRS990ScheduleI/RecipientTable/ForeignAddress/CityNm0Ottawa
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2GENERAL OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3GENERAL OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4CHARITY GOLF TOURNAMENT SPONSOR
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5GENERAL OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6DELTA GOLF TOURNAMENT SPONSOR
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7GENERAL OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8Employee Relief Fund
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9Extra Yard For Teachers
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10GENERAL OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11GENERAL OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12Charity Golf Tournament
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt13GENERAL OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt14Charity Golf Tournament
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt15GENERAL OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt16GENERAL OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt17GENERAL OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt18Charity Golf Tournament
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt19GENERAL OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt20GENERAL OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt21GENERAL OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt22Scholarship Fund
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt23GENERAL OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt24GENERAL OPERATIONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0American Cancer Society
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1American Heart Society
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2American Red Cross
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Big Brothers Big Sisters of Kentuckiana
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4Boca Raton Regional Hospital Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5BreastCancerorg
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6Delta Employee & Retiree Care Fund
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7Employee Assistance Fund for Alaska Airlines
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8United Airlines We Care Employee Relief Fund
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9College Football Playoff Foundation Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10Frontier Airlines Folds of Honor Scholarship
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11United Way of Canada Centraide
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12Air Canada Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt13ISTAT Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt14Jet Blue Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt15K9 for Warriors
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt16Korsair Charities
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt17Ronald McDonald House Charities
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt18FAU Foundation Scholarship Tournaments
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt192022 SFL Golf ISTAT Foundation 2204
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt20Seal Museum
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt21St Jude Childrens Research Hospital
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt22Wings Club Foundation(Scholarship Fund)

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