Civic Intelligence

Talbot Mentors Inc.

990 • Fiscal year 2014 • EIN 52-2027082

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 13, 2015

108 Maryland Avenue Ste 102Easton, MD 21601

(410) 770-5999

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

Higher debt load relative to assets than 31% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

37th percentile

0.01x

Higher debt load relative to revenue than 37% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

47th percentile

1.9%

Higher net margin than 47% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

60th percentile

$41,000

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 25.6% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

48th percentile

1.6%

Faster asset growth than 48% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

37th percentile

-1.1%

Faster revenue growth than 37% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$574,257

Up $9,174 (+1.6%) from 2013

Net Assets

Up

$572,050

Up $23,269 (+4.2%) from 2013

Liabilities

Down

$2,207

Down $14,095 (-86%) from 2013

Revenue

Down

$160,443

Down $1,717 (-1.1%) from 2013

Expenses

Down

$157,317

Down $6,006 (-3.7%) from 2013

Net Income

Up

$3,126

Up $4,289 (+369%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $501,649Liabilities 2011: $10,261Net Assets 2011: $491,3882011Assets 2012: $511,314Liabilities 2012: $16,056Net Assets 2012: $495,2582012Assets 2013: $565,083Liabilities 2013: $16,302Net Assets 2013: $548,7812013Assets 2014: $574,257Liabilities 2014: $2,207Net Assets 2014: $572,0502014Assets 2015: $561,879Liabilities 2015: $4,507Net Assets 2015: $557,3722015Assets 2016: $609,871Liabilities 2016: $1,471Net Assets 2016: $608,4002016Assets 2017: $632,922Liabilities 2017: $13,455Net Assets 2017: $619,4672017Assets 2018: $605,254Liabilities 2018: $12,722Net Assets 2018: $592,5322018Assets 2019: $780,741Liabilities 2019: $12,068Net Assets 2019: $768,6732019Assets 2020: $917,958Liabilities 2020: $12,720Net Assets 2020: $905,2382020Assets 2021: $1,333,598Liabilities 2021: $197,404Net Assets 2021: $1,136,1942021Assets 2022: $1,106,055Liabilities 2022: $165,137Net Assets 2022: $940,9182022Assets 2024: $1,071,300Liabilities 2024: $137,069Net Assets 2024: $934,2312024

Highlighted filing

2014

Assets$574,257
Liabilities$2,207
Net Assets$572,050

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $151,870Expenses 2011: $162,727Net Income 2011: -$10,8572011Expenses 2012: $160,8832012Revenue 2013: $162,160Expenses 2013: $163,323Net Income 2013: -$1,1632013Revenue 2014: $160,443Expenses 2014: $157,317Net Income 2014: $3,1262014Revenue 2015: $174,753Expenses 2015: $180,816Net Income 2015: -$6,0632015Revenue 2016: $234,677Expenses 2016: $242,798Net Income 2016: -$8,1212016Revenue 2017: $305,312Expenses 2017: $336,407Net Income 2017: -$31,0952017Revenue 2018: $355,769Expenses 2018: $382,704Net Income 2018: -$26,9352018Revenue 2019: $576,467Expenses 2019: $400,326Net Income 2019: $176,1412019Revenue 2020: $698,074Expenses 2020: $563,753Net Income 2020: $134,3212020Revenue 2021: $871,822Expenses 2021: $649,602Net Income 2021: $222,2202021Revenue 2022: $64,792Expenses 2022: $260,068Net Income 2022: -$195,2762022Revenue 2024: $570,447Expenses 2024: $469,847Net Income 2024: $100,6002024

Highlighted filing

2014

Revenue$160,443
Expenses$157,317
Net Income$3,126
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 13, 2015
Return Version
2014v5.0
Gross Receipts
$188,930
Mission and Program Overview

Mission

Match children in talbot county with volunteer mentors in order to support those young people in the challenges and opportunities of adolescence through friendship,

Match children in talbot county with volunteer mentors in order to support those young people in the challenges and opportunities of adolescents through friendship, guidance and education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$518,822$532,391▲ $13,569
Cash and Non-Interest-Bearing Accounts$34,881$40,143▲ $5,262
Pledges and Grants Receivable$9,940--
Prepaid Expenses and Deferred Charges$1,412$1,723▲ $311
Land, Buildings, and Equipment, Net$28$0▼ $28
Total Assets$565,083$574,257▲ $9,174
Liabilities
Accounts Payable and Accrued Expenses$13,615--
Other Liabilities$2,687$2,207▼ $480
Total Liabilities$16,302$2,207▼ $14,095
Net Assets / Fund Balance
Unrestricted Net Assets$548,781$572,050▲ $23,269
Total Net Assets Fund Balance$548,781$572,050▲ $23,269
Total Liabilities and Net Assets / Fund Balance$565,083$574,257▲ $9,174

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$297$297

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$467,873-▲ $12,183-$480,056
2013$432,547-▲ $35,326-$467,873
2012$409,500-▲ $22,047-$432,547
2011$430,267-▼ $20,767-$409,500
2010$435,170-▼ $4,903-$430,267
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Paige JerniganExecutive DirectorFT$41,000$41,000

Board Members and Trustees

NameTitle
Jim ReedPresident
Merrilie FordVice President
Bill BrasharesDirector
Brian GearhartDirector
Gary PearceDirector
Gordon FronkDirector
Irene SchmidtDirector
John FrankeDirector
Kerry FoxwellDirector
Lorraine GouldDirector
MARIE U'RENDirector
Margot MillerDirector
Megan MillerDirector
Peter ZukoskiDirector
Richard MarksDirector
Shauna BeulahDirector
Martha HornerSecretary
Al SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$119,941
Program Service Revenue
$0
Investment Income
$15,921
Other Revenue
$24,581
All Other Contributions
$119,941
Change in Net Assets
$3,126
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$102,311
Other Expenses$54,006
Total Fundraising Expense$2,310
Grants and Similar Amounts Paid$1,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$53,947--$53,947
Current Officers, Directors, Trustees, and Key Employees$37,720$2,050$1,230$41,000
Occupancy$11,724$411$267$12,402
Payroll Taxes$7,110$159$95$7,364
Conferences and Meetings$4,617$98-$4,715
Office Expenses$4,324$173$180$4,677
Insurance$4,249$420-$4,669
Fees for Service Investment Mgmnt Fees$4,124$458-$4,582
Fees for Services Accounting$3,835--$3,835
Advertising$2,177--$2,177
Other Expenses$1,268$37$22$1,327
All Other Expenses$1,160--$1,160
Grants to Domestic Individuals$1,000--$1,000
Total Functional Expenses$151,201$3,806$2,310$157,317
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$38,236
Fundraising Direct Expenses$13,655
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Champagne Brunch$22,036$22,036$3,414$18,622
Benefit Concert$16,200$16,200$10,242$5,958
Total Events$38,236$38,236$13,656$24,580
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$2,207
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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 B, Line 11

The board of directors reviews and approves a draft of the form 990 before it is filed.

Form 990, Part VI, Section C, Line 19

The organization makes the form 990 available upon request.

Filing and Contact Details

Filer

Filer Name
Talbot Mentors Inc
EIN
52-2027082
Phone
4107705999
Address
108 MARYLAND AVENUE STE 102, EASTON, MD 21601

Signing Officer

Name
Jim Reed
Title
President of Board of Directors
Phone
4107705999
Signed
2015-07-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Reed
Formed
1996
Legal Domicile
Md
Voting Board Members
18
Independent Board Members
18
Employees
3
Volunteers
78

Preparer

Firm
Cbiz Mhm LLC
Address
28614 MARLBORO AVE SUITE 103, EASTON, MD 21601
Preparer
Henry T Leonard
Phone
4108226950
Supplemental Narrative

Additional Explanations

Form 990 Part XII, Line 2C

There were no changes from the prior year.

Financial Statement Notes

PART V, LINE 4:

The phil and evelyn kirby endowment fund is created and exists to support talbot mentors, inc in fulfilling its mission of matching children with adult volunteers in order to support those young people in the challenges and opportunities of adolescence through friendship, guidance and education. The objective of the fund is to conserve principal and make use of the income from the fund to support talbot mentors, inc. Income will be withdrawn at a rate of 5% of the average year-end value for three years. Any withdrawal of principal may be withdrawn only in extreme and overwhelming circumstances. Any withdrawal must be approved by two-thirds vote of the board of directors. The fund is managed by a professional, certified investment manager.

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IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt017638
IRS990/GrossReceiptsAmt0188930
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0420
IRS990/InsuranceGrp/ProgramServicesAmt04249
IRS990/InsuranceGrp/TotalAmt04669
IRS990/InvestmentIncomeGrp/ExclusionAmt013115
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt013115
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0518822
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0532391
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0297
IRS990/LandBldgEquipBasisNetGrp/BOYAmt028
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt0297
IRS990/LegalDomicileStateCd0MD
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt028
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt014804
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0MATCH CHILDREN IN TALBOT COUNTY WITH VOLUNTEER MENTORS IN ORDER TO SUPPORT THOSE YOUNG PEOPLE IN THE CHALLENGES AND OPPORTUNITIES OF ADOLESCENTS THROUGH FRIENDSHIP, GUIDANCE AND EDUCATION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0548781
IRS990/NetAssetsOrFundBalancesEOYAmt0572050
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt02806
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt02806
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt024581
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt024581
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt020143
IRS990/NoncashContributionsAmt04243
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0267
IRS990/OccupancyGrp/ManagementAndGeneralAmt0411
IRS990/OccupancyGrp/ProgramServicesAmt011724
IRS990/OccupancyGrp/TotalAmt012402
IRS990/OfficeExpensesGrp/FundraisingAmt0180
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0173
IRS990/OfficeExpensesGrp/ProgramServicesAmt04324
IRS990/OfficeExpensesGrp/TotalAmt04677
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0TUTORING
IRS990/OtherExpensesGrp/Desc1OUTSIDE CONSULTING
IRS990/OtherExpensesGrp/Desc2FIELDTRIPS
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt0516
IRS990/OtherExpensesGrp/FundraisingAmt122
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt037
IRS990/OtherExpensesGrp/ProgramServicesAmt06038
IRS990/OtherExpensesGrp/ProgramServicesAmt14642
IRS990/OtherExpensesGrp/ProgramServicesAmt23266
IRS990/OtherExpensesGrp/ProgramServicesAmt31268
IRS990/OtherExpensesGrp/TotalAmt06038
IRS990/OtherExpensesGrp/TotalAmt15158
IRS990/OtherExpensesGrp/TotalAmt23266
IRS990/OtherExpensesGrp/TotalAmt31327
IRS990/OtherLiabilitiesGrp/BOYAmt02687
IRS990/OtherLiabilitiesGrp/EOYAmt02207
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt053947
IRS990/OtherSalariesAndWagesGrp/TotalAmt053947
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt095
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0159
IRS990/PayrollTaxesGrp/ProgramServicesAmt07110
IRS990/PayrollTaxesGrp/TotalAmt07364
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt09940
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01412
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01723
IRS990/PrincipalOfficerNm0JIM REED
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0120655
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt016609
IRS990/PYOtherExpensesAmt050917
IRS990/PYOtherRevenueAmt024896
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-1163
IRS990/PYSalariesCompEmpBnftPaidAmt0112406
IRS990/PYTotalExpensesAmt0163323
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0162160
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt03126
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0119941
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0120654
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt088147
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0106322
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0101015
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0536079
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt013115
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt010916
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt011271
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt011172
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt010580
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt057054
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt038236
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt032443
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt034154
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt031189
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt025019
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0161041
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.55600
IRS990ScheduleA/PublicSupportPY170Pct00.58790
IRS990ScheduleA/PublicSupportTotal170Amt0419323
IRS990ScheduleA/SubstantialContributorsTotAmt0116756
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0119941
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0120654
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt088147
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0106322
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0101015
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0536079
IRS990ScheduleA/TotalSupportAmt0754174
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0467873
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0480056
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt012183
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0432547
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0467873
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt035326
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0409500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0432547
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt022047
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0430267

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