Civic Intelligence

Literacy Trust Inc.

990 • Fiscal year 2016 • EIN 59-3551080

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 05, 2017

315 West 36th Street Suite 6050New York, NY 10018

(212) 595-4400

Siviq Scores

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

Liabilities / Assets

50th percentile

0.13x

Higher debt load relative to assets than 50% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

38th percentile

0.05x

Higher debt load relative to revenue than 38% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Net Margin

85th percentile

25%

Higher net margin than 85% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

84th percentile

$180,000

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 10.7% of source-year revenue.

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Asset Growth

98th percentile

389%

Faster asset growth than 98% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

100th percentile

2132%

Faster revenue growth than 100% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$624,051

Up $496,532 (+389%) from 2015

Net Assets

Up

$541,131

Up $414,896 (+329%) from 2015

Liabilities

Up

$82,920

Up $81,636 (+6358%) from 2015

Revenue

Up

$1,678,928

Up $1,603,700 (+2132%) from 2015

Expenses

Up

$1,266,032

Up $1,224,127 (+2921%) from 2015

Net Income

Up

$412,896

Up $379,573 (+1139%) from 2015

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $73,289Liabilities 2011: $2,923Net Assets 2011: $70,3662011Assets 2012: $58,944Liabilities 2012: $12,264Net Assets 2012: $46,6802012Assets 2013: $72,896Liabilities 2013: $10,067Net Assets 2013: $62,8292013Assets 2015: $127,519Liabilities 2015: $1,284Net Assets 2015: $126,2352015Assets 2016: $624,051Liabilities 2016: $82,920Net Assets 2016: $541,1312016Assets 2018: $1,183,107Liabilities 2018: $131,573Net Assets 2018: $1,051,5342018Assets 2019: $1,156,493Liabilities 2019: $41,022Net Assets 2019: $1,115,4712019Assets 2020: $1,422,699Liabilities 2020: $361,715Net Assets 2020: $1,060,9842020Assets 2021: $3,504,762Liabilities 2021: $462,612Net Assets 2021: $3,042,1502021Assets 2022: $1,951,497Liabilities 2022: $191,913Net Assets 2022: $1,759,5842022Assets 2023: $1,472,369Liabilities 2023: $100,291Net Assets 2023: $1,372,0782023Assets 2024: $530,923Liabilities 2024: $451,322Net Assets 2024: $79,6012024

Highlighted filing

2016

Assets$624,051
Liabilities$82,920
Net Assets$541,131

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $241,5492011Expenses 2012: $224,6102012Revenue 2013: $159,837Expenses 2013: $143,688Net Income 2013: $16,1492013Revenue 2015: $75,228Expenses 2015: $41,905Net Income 2015: $33,3232015Revenue 2016: $1,678,928Expenses 2016: $1,266,032Net Income 2016: $412,8962016Revenue 2018: $1,717,711Expenses 2018: $1,827,900Net Income 2018: -$110,1892018Revenue 2019: $2,078,656Expenses 2019: $2,014,719Net Income 2019: $63,9372019Revenue 2020: $2,445,709Expenses 2020: $2,457,971Net Income 2020: -$12,2622020Revenue 2021: $4,601,773Expenses 2021: $2,806,592Net Income 2021: $1,795,1812021Revenue 2022: $1,784,480Expenses 2022: $3,258,614Net Income 2022: -$1,474,1342022Revenue 2023: $1,582,377Expenses 2023: $2,032,798Net Income 2023: -$450,4212023Revenue 2024: $922,846Expenses 2024: $1,717,309Net Income 2024: -$794,4632024

Highlighted filing

2016

Revenue$1,678,928
Expenses$1,266,032
Net Income$412,896
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 5, 2017
Return Version
2016v3.0
Gross Receipts
$1,678,928
Mission and Program Overview

Mission

Literacy trust leverages what exists to build educational capacity in schools to create fluent, motivated, self-confident readers.

Literacy trust, inc is committed to helping children achieve literacy by disseminating high-quality, cost-effective programs for schools and families

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$554,025-
Accounts Receivable$23,000$27,237▲ $4,237
Savings and Temporary Cash Investments$100,919$22,868▼ $78,051
Prepaid Expenses and Deferred Charges-$3,196-
Total Assets$127,519$624,051▲ $496,532
Other Assets Total$3,600$16,725▲ $13,125
Liabilities
Accounts Payable and Accrued Expenses$1,284$82,920▲ $81,636
Total Liabilities$1,284$82,920▲ $81,636
Net Assets / Fund Balance
Unrestricted Net Assets$126,235$541,131▲ $414,896
Total Net Assets Fund Balance$126,235$541,131▲ $414,896
Total Liabilities and Net Assets / Fund Balance$127,519$624,051▲ $496,532
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tiffany ZapicoExecutive DirectorFT$121,500$13,950$135,450

Board Members and Trustees

NameTitle
Jayne BentzenPresident
Nora L HooverOfficer
Kathryn KaiserOfficer - Started 03/2016
Benedict a SilvermanSecretary - Deceased 12/4/16
Revenue and Support

Revenue Composition

Contributions and Grants
$1,096,000
Program Service Revenue
$582,928
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,096,000
Change in Net Assets
$412,896

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,678,928
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,678,928
Total Revenue per Form 990
$1,678,928
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$645,570
Salaries, Compensation, and Employee Benefits$620,462
Total Fundraising Expense$51,822
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$376,385--$376,385
Current Officers, Directors, Trustees, and Key Employees$33,863$67,725$33,863$135,451
Fees for Services Other$66,834$50,106$212$117,152
Occupancy$41,203$13,735$13,735$68,673
Other Employee Benefits$61,274$1,572$924$63,770
Fees for Services Accounting-$45,298-$45,298
Payroll Taxes$37,436$2,558$2,566$42,560
Other Expenses$39,111$45,005-$39,111
All Other Expenses$17,749$20,472$389$38,610
Office Expenses$10,327$18,598-$28,925
Travel$9,890$5,974-$15,864
Conferences and Meetings$600$13,153-$13,753
Information Technology-$13,454-$13,454
Pension Plan Contributions$1,953$210$133$2,296
Advertising-$1,644-$1,644
Insurance-$301-$301
Total Functional Expenses$913,363$300,847$51,822$1,266,032

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,266,032
Total Expenses per Audited Statements$1,266,032
Total Expenses per Form 990$1,266,032
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
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
Yes
Other officer compensation reviewed
No
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, Section A, Line 2

Benedict a. Silverman and jayne bentzen were husband and wife.

Form 990, Part VI, Section B, Line 11B

The organization's president and executive director review the 990 with the outside accountants before it is filed. A copy is also emailed to other officers before the return is filed.

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

Officers, directors and key employees receive a copy of the conflicts of interest policy annually and are required to disclose any conflicts.

Form 990, Part VI, Section B, Line 15A

During 2015, before hiring the executive director, the board used comparable compensation data for similarly qualified persons in functionally comparable positions at similarly situated organizations to determine the compensation. This process and approval was documented at that time.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Literacy Trust Inc
EIN
59-3551080
Phone
2125954400
Address
315 WEST 36TH STREET SUITE 6050, NEW YORK, NY 10018

Signing Officer

Name
Jayne Bentzen
Title
Chair
Phone
2125954400
Signed
2017-07-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jayne Bentzen
Formed
1998
Legal Domicile
Fl
Voting Board Members
2
Independent Board Members
2
Employees
10
Volunteers
3

Preparer

Firm
PKF O'CONNOR DAVIES LLP
Address
665 FIFTH AVENUE, NEW YORK, NY 10022
Preparer
Christopher Petermann
Phone
2122862600
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

To adjust net assets to agree to audited financial statements 2,000.

Financial Statement Notes

PART X, LINE 2:

The trust recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that the trust had no uncertain tax positions that would require financial statement recognition and/or disclosure.

Raw XML AppendixShowing 400 of 455 raw XML fields

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/FactsAndCircumstancesTestTxt0LITERACY TRUST PROVIDES READING RESCUE, A LITERACY INTERVENTION AND EDUCATOR TRAINING PROGRAM THAT WAS DEVELOPED IN 1993 BY LITERACY TRUST'S FOUNDER, DR. NORA HOOVER, ED.D. READING RESCUE PROVIDES COST-EFFECTIVE, ONE-ON-ONE, INTENSIVE INTERVENTIONS FOR ELEMENTARY SCHOOL STUDENTS AT SIGNIFICANT RISK OF LITERACY FAILURE, AND OFFERS RESEARCH-SUPPORTED TRAINING TO TEACHERS AND EDUCATIONAL PARAPROFESSIONALS TO HELP THEM INSTRUCT STRUGGLING STUDENTS IN AN EFFICIENT AND EFFECTIVE MANNER. THIS DUAL-FOCUS PROGRAM NOT ONLY HELPS CHILDREN TO QUICKLY LEARN TO READ AT OR ABOVE GRADE LEVEL, BUT IT ALSO HELPS PUBLIC SCHOOL EDUCATORS TO BECOME BETTER TEACHERS AND TRAINERS. IT HAS ACHIEVED OUTSTANDING RESULTS IN FLORIDA, WHERE IT WAS ORIGINALLY DEVELOPED, AND IN NEW YORK STATE AS WELL. TEACHERS AND ADMINISTRATORS FROM ELEMENTARY SCHOOLS THAT HAVE RECEIVED READING RESCUE TUTORING AND TRAINING HAVE PRAISED THE PROGRAM'S EFFICACY AS WELL AS ITS COST-EFFECTIVENESS. BECAUSE READING RESCUE TRAINS NOT ONLY TEACHERS BUT ALSO PARAPROFESSIONALS AND TEACHING ASSISTANTS TO PROVIDE LITERACY TUTORING, SCHOOLS ARE ABLE TO UTILIZE THE TIME AND EFFORTS OF MORE STAFF MEMBERS, AND CAN TUTOR MANY MORE STUDENTS IN LESS TIME AND AT LOWER COST. THIS IS AN ENORMOUS BENEFIT FOR THE MANY PUBLIC SCHOOLS THAT READING RESCUE SERVES, ALMOST ALL OF WHICH ARE EXPERIENCING SOME DEGREE OF FINANCIAL STRUGGLE. PUBLIC AVAILABILITY OF AND WIDESPREAD PUBLIC PARTICIPATION IN READING RESCUE IS A KEY COMPONENT OF LITERACY TRUST'S CHARITABLE MISSION. CURRENTLY, READING RESCUE IS BEING PROVIDED TO STUDENTS AND EDUCATORS IN OVER 90 NEW YORK CITY PUBLIC SCHOOLS. DUE TO THE OVERWHELMINGLY POSITIVE RECEPTION IT HAS RECEIVED IN METROPOLITAN NEW YORK, LITERACY TRUST IS IN THE PROCESS OF EXPANDING ITS PROGRAMS TO EVEN MORE SCHOOLS. ADDITIONALLY, LITERACY TRUST MAKES READING RESCUE TRAINING MATERIALS AVAILABLE TO ANY AND ALL EDUCATORS WHO WISH TO TAKE ADVANTAGE OF THEM. THUS, THROUGH ITS PROVISION OF READING RESCUE, LITERACY TRUST MAINTAINS A DEFINITIVE PROGRAM TO ACCOMPLISH ITS CHARITABLE WORK IN THE COMMUNITIES IN WHICH IT OPERATES. LITERACY TRUST ALSO WORKS CONTINUOUSLY TO ENSURE THAT THE READING RESCUE PROGRAM UTILIZES THE LATEST PUBLICLY AVAILABLE SCHOLARSHIP ON CHILD LITERACY AND TEACHER TRAINING IN ORDER TO HONE ITS TECHNIQUES AND METHODS. LITERACY TRUST'S STAFF WORK CLOSELY AND CONSTANTLY WITH EDUCATIONAL PROFESSIONALS FROM TEACHERS COLLEGE OF COLUMBIA UNIVERSITY, AS WELL AS OTHER HIGHLY RESPECTED EDUCATORS AND SCHOLARS, TO STAY ON TOP OF AVAILABLE SCHOLARLY RESEARCH IN THE FIELDS OF EDUCATION AND LITERACY AND ENSURE THAT SUCH RESEARCH IS ANALYZED AND USED IN THE DEVELOPMENT, ENHANCEMENT, AND PROVISION OF THE READING RESCUE PROGRAM.SIGNIFICANT PORTIONS OF LITERACY TRUST'S FUNDING COME FROM GOVERNMENTAL AGENCIES, SUCH AS THE NEW YORK CITY DEPARTMENT OF EDUCATION (THE "DOE"). LITERACY TRUST RECENTLY ENTERED INTO AN AGREEMENT WITH THE DOE TO PROVIDE READING RESCUE IN CONJUNCTION WITH THE DOE'S YOUNG MEN'S INITIATIVE PROGRAM, A CROSS-AGENCY ENTERPRISE THAT ADDRESSES DISPARITIES BETWEEN YOUNG BLACK AND LATINO MEN AND THEIR PEERS IN VARIOUS AREAS, INCLUDING EDUCATION AND EMPLOYMENT. AS A RESULT OF THIS PARTNERSHIP, LITERACY TRUST IS BRINGING READING RESCUE TO 90 ADDITIONAL NEW YORK CITY SCHOOLS OVER THE NEXT SEVERAL YEARS. FINALLY, LITERACY TRUST HAS EMBARKED ON AN AMBITIOUS PROGRAM OF FUNDRAISING IN ORDER TO ENSURE THAT IT DRAWS SUPPORT FROM SOURCES THAT ARE AS VARIED AS POSSIBLE, AND HAS MADE SUBSTANTIAL PROGRESS IN DEVELOPING A PROFESSIONAL STAFF. IT HAS RECENTLY HIRED A DIRECTOR OF PROGRAM, STRATEGY AND OPERATIONS WITH SIGNIFICANT EXPERIENCE IN BOTH EDUCATIONAL PROGRAMMING AND FUNDRAISING, AND IS PLANNING TO EXPAND ITS FUNDRAISING CAPABILITIES BY HIRING ADDITIONAL STAFF TO SUPPORT THIS EFFORT. IT IS ALSO ACTIVELY WORKING TO CULTIVATE A BOARD OF DIRECTORS THAT WILL REPRESENT THE BROAD INTERESTS OF THE PUBLIC, INCLUDING CIVIC LEADERS, EDUCATORS, AND COMMUNITY ORGANIZERS. FOR ALL OF THESE RE
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01096000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt060000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt050000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt045864
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt030000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01281864
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01063981
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt010054
IRS990ScheduleA/OtherIncome170Grp/TotalAmt010054
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.32780
IRS990ScheduleA/PublicSupportPY170Pct00.18370
IRS990ScheduleA/PublicSupportTotal170Amt0423514
IRS990ScheduleA/SubstantialContributorsTotAmt0858350
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01096000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt060000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt050000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt045864
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt030000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01281864
IRS990ScheduleA/TotalSupportAmt01291918
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/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01266032
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01678928
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE TRUST RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE TRUST HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION AND/OR DISCLOSURE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01266032
IRS990ScheduleD/TotalRevenuePerForm990Amt01678928
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01678928
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01266032
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0180000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0NORA L HOOVER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0OFFICER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0180000
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BENEDICT A. SILVERMAN AND JAYNE BENTZEN WERE HUSBAND AND WIFE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S PRESIDENT AND EXECUTIVE DIRECTOR REVIEW THE 990 WITH THE OUTSIDE ACCOUNTANTS BEFORE IT IS FILED. A COPY IS ALSO EMAILED TO OTHER OFFICERS BEFORE THE RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICERS, DIRECTORS AND KEY EMPLOYEES RECEIVE A COPY OF THE CONFLICTS OF INTEREST POLICY ANNUALLY AND ARE REQUIRED TO DISCLOSE ANY CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DURING 2015, BEFORE HIRING THE EXECUTIVE DIRECTOR, THE BOARD USED COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS TO DETERMINE THE COMPENSATION. THIS PROCESS AND APPROVAL WAS DOCUMENTED AT THAT TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TO ADJUST NET ASSETS TO AGREE TO AUDITED FINANCIAL STATEMENTS 2,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BENEDICT SILVERMAN FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0261441980
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0509(A)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PRIVATE FOUNDATION,GRANTMAKING AND CHARITABLE ACTIVITIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0PF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt018 TITUS ROAD PO BOX 371
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WASHINGTON DEPOT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd006794
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/StatesWhereCopyOfReturnIsFldCd1NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0127519
IRS990/TotalAssetsEOYAmt0624051
IRS990/TotalAssetsGrp/BOYAmt0127519
IRS990/TotalAssetsGrp/EOYAmt0624051
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt01096000
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt051822
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0300847
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0913363
IRS990/TotalFunctionalExpensesGrp/TotalAmt01266032
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01284
IRS990/TotalLiabilitiesEOYAmt082920
IRS990/TotalLiabilitiesGrp/BOYAmt01284
IRS990/TotalLiabilitiesGrp/EOYAmt082920
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0126235
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0541131
IRS990/TotalOtherCompensationAmt013950
IRS990/TotalProgramServiceExpensesAmt0913363
IRS990/TotalProgramServiceRevenueAmt0582928
IRS990/TotalReportableCompFromOrgAmt0121500
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0582928
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01678928
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.45$0.08$0.92$1.72$0.79
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$0.10$1.37$1.58$2.03$0.45
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.95$0.19$1.76$1.78$3.26$1.47
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.50$0.46$3.04$4.60$2.81$1.80
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.42$0.36$1.06$2.45$2.46$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.04$1.12$2.08$2.01$0.06
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.13$1.05$1.72$1.83$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.62$0.08$0.54$1.68$1.27$0.41
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.00$0.13$0.08$0.04$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.07$0.01$0.06$0.16$0.14$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.01$0.05$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.00$0.07$0.24