Civic Intelligence

Children First Inc.

990 • Fiscal year 2014 • EIN 59-0968249

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

1723 North Orange AveSarasota, FL 34234

(941) 953-3877

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.20x

Higher debt load relative to assets than 52% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

46th percentile

0.16x

Higher debt load relative to revenue than 46% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

59th percentile

5.4%

Higher net margin than 59% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

71st percentile

$172,071

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

59th percentile

5.2%

Faster asset growth than 59% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

65th percentile

10%

Faster revenue growth than 65% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Assets

Up

$6,231,279

Up $310,278 (+5.2%) from 2013

Net Assets

Up

$4,963,705

Up $422,496 (+9.3%) from 2013

Liabilities

Down

$1,267,574

Down $112,218 (-8.1%) from 2013

Revenue

Up

$7,843,993

Up $713,745 (+10%) from 2013

Expenses

Up

$7,421,497

Up $480,795 (+6.9%) from 2013

Net Income

Up

$422,496

Up $232,950 (+123%) from 2013

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $6,287,709Liabilities 2010: $1,555,267Net Assets 2010: $4,732,4422010Assets 2011: $6,155,662Liabilities 2011: $1,594,100Net Assets 2011: $4,561,5622011Assets 2012: $5,679,581Liabilities 2012: $1,327,918Net Assets 2012: $4,351,6632012Assets 2013: $5,921,001Liabilities 2013: $1,379,792Net Assets 2013: $4,541,2092013Assets 2014: $6,231,279Liabilities 2014: $1,267,574Net Assets 2014: $4,963,7052014Assets 2015: $6,593,180Liabilities 2015: $1,609,221Net Assets 2015: $4,983,9592015Assets 2016: $6,914,688Liabilities 2016: $1,900,097Net Assets 2016: $5,014,5912016Assets 2017: $7,700,641Liabilities 2017: $2,643,046Net Assets 2017: $5,057,5952017Assets 2018: $7,406,370Liabilities 2018: $2,239,236Net Assets 2018: $5,167,1342018Assets 2019: $7,955,029Liabilities 2019: $2,463,941Net Assets 2019: $5,491,0882019Assets 2020: $8,614,473Liabilities 2020: $1,932,437Net Assets 2020: $6,682,0362020Assets 2021: $8,906,542Liabilities 2021: $1,791,997Net Assets 2021: $7,114,5452021Assets 2022: $8,946,410Liabilities 2022: $1,822,952Net Assets 2022: $7,123,4582022Assets 2023: $8,830,572Liabilities 2023: $1,773,371Net Assets 2023: $7,057,2012023Assets 2024: $8,780,997Liabilities 2024: $2,677,240Net Assets 2024: $6,103,7572024

Highlighted filing

2014

Assets$6,231,279
Liabilities$1,267,574
Net Assets$4,963,705

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2010: $8,182,696Expenses 2010: $7,937,791Net Income 2010: $244,9052010Revenue 2011: $7,904,055Expenses 2011: $8,074,935Net Income 2011: -$170,8802011Revenue 2012: $7,902,098Expenses 2012: $8,111,997Net Income 2012: -$209,8992012Revenue 2013: $7,130,248Expenses 2013: $6,940,702Net Income 2013: $189,5462013Revenue 2014: $7,843,993Expenses 2014: $7,421,497Net Income 2014: $422,4962014Revenue 2015: $7,674,704Expenses 2015: $7,654,450Net Income 2015: $20,2542015Revenue 2016: $8,274,413Expenses 2016: $8,243,781Net Income 2016: $30,6322016Revenue 2017: $9,161,103Expenses 2017: $9,118,099Net Income 2017: $43,0042017Revenue 2018: $10,488,620Expenses 2018: $10,379,081Net Income 2018: $109,5392018Revenue 2019: $11,357,590Expenses 2019: $11,033,636Net Income 2019: $323,9542019Revenue 2020: $13,693,552Expenses 2020: $12,502,604Net Income 2020: $1,190,9482020Revenue 2021: $13,314,523Expenses 2021: $12,882,014Net Income 2021: $432,5092021Revenue 2022: $13,052,008Expenses 2022: $13,043,095Net Income 2022: $8,9132022Revenue 2023: $13,774,568Expenses 2023: $13,840,825Net Income 2023: -$66,2572023Revenue 2024: $14,037,092Expenses 2024: $14,990,536Net Income 2024: -$953,4442024

Highlighted filing

2014

Revenue$7,843,993
Expenses$7,421,497
Net Income$422,496
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 13, 2015
Return Version
2014v5.0
Gross Receipts
$7,963,158
Mission and Program Overview

Mission

Children First's mission is: Strengthening children and families by improving the quality of their lives through a comprehensive approach to development, education, health and well-being.

The organization provides early childhood education and comprehensive family strengthening services to 550 families with children ages birth to five from at-risk, very low income homes to enable them to achieve academic and social competence, and to ameliorate issues that could interfere with learning so that they will be ready for kindergarten.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,587,284$4,716,951▲ $129,667
Savings and Temporary Cash Investments$810,015$993,136▲ $183,121
Pledges and Grants Receivable$441,106$377,535▼ $63,571
Accounts Receivable$23,107$65,067▲ $41,960
Prepaid Expenses and Deferred Charges$50,046$54,183▲ $4,137
Total Assets$5,921,001$6,231,279▲ $310,278
Other Assets Total$9,443$24,407▲ $14,964
Liabilities
Mortgage Notes Payable Secured by Investment Property$886,896$844,061▼ $42,835
Accounts Payable and Accrued Expenses$239,555$272,144▲ $32,589
Deferred Revenue$253,341$151,369▼ $101,972
Total Liabilities$1,379,792$1,267,574▼ $112,218
Net Assets / Fund Balance
Unrestricted Net Assets$4,370,044$4,764,862▲ $394,818
Temporarily Rstr Net Assets$135,344$132,296▼ $3,048
Permanently Rstr Net Assets$35,821$66,547▲ $30,726
Total Net Assets Fund Balance$4,541,209$4,963,705▲ $422,496
Total Liabilities and Net Assets / Fund Balance$5,921,001$6,231,279▲ $310,278

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,876,601$1,434,886$4,311,487
Land$1,220,357-$1,220,357
Equipment$136,350$804,646$940,996
Leasehold Improvements$382,617$416,111$798,728
Other Land Buildings$101,026$154,640$255,666

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$7,619$58,538▲ $390-$66,547
2013$6,650-▲ $969-$7,619
2012$6,034-▲ $698$82$6,650
2011$7,129-▲ $174$1,269$6,034
2010$6,410-▲ $719-$7,129
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Philip TavillPresident & CEOFT$158,000$14,071$172,071
Philip Tavill--$158,000$14,071$172,071
Carol ButeraHighest Compensated EmployeeFT$100,347-$100,347

Board Members and Trustees

NameTitle
Brock LeachChair
Leslie JonesChair Emerita
M David ShapiroVice Chair
Barbara BensonDirector
Carol HallingerDirector
Jo RutsteinDirector
John BeanDirector
Nola HietbrinkDirector
Sadie GuttmanDirector
Sally AltmanDirector
Wayne RollinsDirector
Elenor MaxheimSecretary
Lacy Ray JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,366,027
Program Service Revenue
$1,176,549
Investment Income
$582
Other Revenue
$300,835
All Other Contributions
$799,997
Change in Net Assets
$422,496

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,843,993
Revenue Not Reported on Form 990
$620,501
Total Revenue per Audited Statements
$8,464,494
Total Revenue per Form 990
$7,843,993
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,130,833
Other Expenses$2,290,664
Total Fundraising Expense$368,178
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,424,030$317,489$241,272$3,982,791
All Other Expenses$680,174$17,749$30,133$728,056
Fees for Services Other$386,835$55,979$28,597$471,411
Other Employee Benefits$380,941$29,125$11,147$421,213
Payroll Taxes$284,399$36,558$18,225$339,182
Pension Plan Contributions$179,578$35,767$14,302$229,647
Depreciation Depletion$190,584$19,132$102$209,818
Current Officers, Directors, Trustees, and Key Employees$0$158,000$0$158,000
Other Expenses$134,844$4,426$5,627$144,897
Insurance$97,498$515$203$98,216
Occupancy$54,711$0$0$54,711
Office Expenses$23,767$6,511$13,837$44,115
Total Functional Expenses$6,355,390$697,929$368,178$7,421,497

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,041,998
Expenses per Audited Statements$7,421,497
Total Expenses per Form 990$7,421,497
Expenses Not Reported on Form 990$620,501
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$420,000
Fundraising Direct Expenses$119,165
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Celebration$299,300$299,300$13,329$285,971
Rockin Lobster$62,250$62,250$11,972$50,278
Total Events$420,000$420,000$119,165$300,835
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Filing and Contact Details

Filer

Filer Name
Children First Inc
EIN
59-0968249
Phone
9419533877
Address
1723 North Orange Ave, Sarasota, FL 34234

Signing Officer

Name
Philip Tavill
Title
President & CEO
Phone
9419533877
Signed
2015-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Philip Tavill
Formed
1961
Legal Domicile
Fl
Voting Board Members
13
Independent Board Members
13
Employees
242
Volunteers
426

Preparer

Firm
Fontana CPAS
Address
13007 W Linebaugh Ave, Tampa, FL 33626
Preparer
Eric Fontana
Phone
7277999533
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Form 990 provided to Finance Committee for review and then reports to the Board for approval and vote.

Pt VI, Line 19

The Organization's governing documents, conflict of interest policy, and financial information is available upon request.

Pt VI, Line 12C

Conflict of interest is annually discussed at board meeting and required form is maintained on file.

Pt VI, Line 15A

The Board does an annual review of President/CEO and uses a compensation device for determining salary and annual benefits.

Pt VI, Line 15B

President/CEO sets compensation of other employees based on comparable data. Budget is reviewed and approved by the Board of Directors.

Form 990, Part III, Line 4D

Families first initiative - this comprehensive family strengthening program offers a variety of services focusing on family strengthening, 134135. 0. 0.

Form 990, Part IX, Line 24F

Parent activities 24436. 24356. 58. 22. Printing and advertising 50093. 26477. 2494. 21122. Miscellaneous 19707. 14610. 4455. 642. Property tax expense 6910. 6910. 0. 0. Program supplies 253004. 252667. 220. 117. Food and nutrition 353941. 347908. 3646. 2387. Subscriptions and dues 19965. 7246. 6876. 5843.

Financial Statement Notes

Pt II, Line 5

Nuturing Dads Fund is in honor of Frederick Tavill, MD, DPH for Nuturing Dads classes. The fund is held at the Community Foundation of Sarasota County. Endowment at the GCCFOV is "seed" funding and provides an existing opportunity for gifts such as conversion of stock in an expedient manner. The objective of the endowment fund is to use its assets entrusted to its care, to invest and manage those funds with fiduciary responsibility while maximizing return.

Pt X, Line 2

The Organization accounts for the effect of any uncertain tax positions based on a "more likely than not" threshold to the recognition of teh tax positions being sustained based on the technical merits of the position under scrutiny by the applicable taxing authority. If a tax position or positions are deemed to result in uncertainties of those positions, teh unrecognized tax benefit is estimated based on a "cumulative probability assessment" that aggregates the estimated tax liability for all uncertain tax positions. The Organization has identified its tax status as a tax-exempt entity as its only significant tax position; however, the Organization has determined that such tax position does not result in an uncertainity requiring recognition. The Organization is not currently under examination by any taxing jursdiction. The Organization's federal returns are generally open for examination for three years following the date filed.

Pt V, Line 4

The Eric Wishnie Memorial Fund honors Eric who, in his life, had the opportunity to do may incredible things. His passion for knowledge and learning ignited his life. His family established the fund to ensure that other children, less fortunate children, are able to live and learn like Eric did. Contributions may be made to the fund.

Pt V, Line 4

The Ideal Foundation made a recent gift to the Children First Endowment Fund. This Fund is used to support and expand Children First programming and operations. Contributions may be made to this fund.

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IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt9Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt10Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt11Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt12Chair Emerita
IRS990/Form990PartVIISectionAGrp/TitleTxt13President & CEO
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IRS990/OtherExpensesGrp/Desc1Utilities and telephone
IRS990/OtherExpensesGrp/Desc2Transportation
IRS990/OtherExpensesGrp/Desc3Staff training and travel
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IRS990/OtherExpensesGrp/ProgramServicesAmt211475
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IRS990/OtherExpensesGrp/TotalAmt1151394
IRS990/OtherExpensesGrp/TotalAmt214273
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IRS990/PensionPlanContributionsGrp/FundraisingAmt014302
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IRS990/PrincipalOfficerNm0PHILIP TAVILL
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IRS990/ProgramServiceRevenueGrp/BusinessCd1624410
IRS990/ProgramServiceRevenueGrp/Desc0Contract Revenue
IRS990/ProgramServiceRevenueGrp/Desc1Program Fees
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01074858
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1101691
IRS990/ProgSrvcAccomActy2Grp/Desc0EARLY HEAD START - ALSO SERVING AT-RISK AND ECONOMICALLY VULNERABLE FAMILIES WITH VERY YOUNG CHILDREN, EARLY HEAD START IS A PROGRAM DESIGNED FOR EXPECTANT FAMILIES AND THEIR CHILDREN, BIRTH TO THREE YEARS OF AGE. FOLLOWING THE COMPREHENSIVE HEAD START MODEL, THE PROGRAM PROVIDES CHILDREN AND FAMILIES WITH A WIDE ARRAY OF EARLY CHILDHOOD DEVELOPMENT, HEALTH, AND SUPPORT SERVICES. 348 INFANTS AND TODDLERS WERE SERVED IN THIS PROGRAM IN 2014. PROGRAM OF EXCELLENCE DESIGNATION RENEWAL OBTAINED IN 2
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02643676
IRS990/ProgSrvcAccomActy3Grp/Desc0EARLY CHILDHOOD EDUCATION - THE EARLY CHILDHOOD EDUCATION PROGRAM IS BASED ON THE HEAD START MODEL AND IS FOR FAMILIES ABOVE THE FEDERAL POVERTY LINE (OFTEN REFERRED TO AS THE "WORKING POOR"). THIS PROGRAM IS FOR CHILDREN SIX WEEKS TO FIVE YEARS OF AGE. THE CHILDREN AND FAMILIES RECEIVE HIGH QUALITY SERVICES AND ARE PROVIDED VERY SIGNIFICANT SCHOLARSHIP SUPPORT. 34 CHILDREN WERE SERVED IN THIS PROGRAM IN 2014.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01034649
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0101691
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Families First Initiative - This comprehensive family strengthening program offers a variety of services focusing on family strengthening, engagement and enrichment programs. $65,143 engagement and enrichment programs. $65,143
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0134135
IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PYOtherExpensesAmt01841972
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.78$2.68$6.10$14.0$15.0$0.95
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.83$1.77$7.06$13.8$13.8$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.95$1.82$7.12$13.1$13.0$0.01
2021Detailed filing. Detailed filing data is available for this year.$8.91$1.79$7.11$13.3$12.9$0.43
2020Detailed filing. Detailed filing data is available for this year.$8.61$1.93$6.68$13.7$12.5$1.19
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.96$2.46$5.49$11.4$11.0$0.32
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.41$2.24$5.17$10.5$10.4$0.11
2017Detailed filing. Detailed filing data is available for this year.$7.70$2.64$5.06$9.16$9.12$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.91$1.90$5.01$8.27$8.24$0.03
2015Detailed filing. Detailed filing data is available for this year.$6.59$1.61$4.98$7.67$7.65$0.02
2014Detailed filing. Detailed filing data is available for this year.$6.23$1.27$4.96$7.84$7.42$0.42
2013Detailed filing. Detailed filing data is available for this year.$5.92$1.38$4.54$7.13$6.94$0.19
2012Summary only. Only limited summary data is available for this year.$5.68$1.33$4.35$7.90$8.11$0.21
2011Summary only. Only limited summary data is available for this year.$6.16$1.59$4.56$7.90$8.07$0.17
2010Summary only. Only limited summary data is available for this year.$6.29$1.56$4.73$8.18$7.94$0.24